President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

The government of India has simplified basic customs duty rates by reducing the number of levies to eight. While the ...

Importers are to pay more as the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at ...

CBIC Chairman Sanjay Kumar Agarwal announced that changes in customs duty rates and shifts to AIDC will have minimal ...

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply ...

This amendment, enacted under the Customs Act, 1962, in conjunction with Section 124 of the Finance Act, 2021, aims to align ...

To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...

Experts note that fine print of what constitutes reciprocal tariffs needs to be understood, and could include aspects beyond ...

Agrawal highlighted that the recent Budget focused on four key areas: supporting domestic manufacturing and value addition, ...

Lithium-ion battery and electronics manufacturing received a much-needed push with the Budget exempting 35 capital goods for ...

Explanatory Memoranda to various Notifications issued on 1st February 2025 detail significant amendments in customs and excise duties, along with specific exemptions for various goods. Notification ...

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading ...