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

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

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 ...

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

New Delhi, Feb 6 (PTI) CBIC Chairman Sanjay Kumar Agarwal on Thursday said the part shifting of the basic customs duty to ...

The shift of basic customs duty (BCD) to AIDC will have a marginal impact on state transfers, with a total of Rs 4,000 crore ...

The government is expected to collect Rs 2,35,000 crore from customs in FY25, which is expected to rise to Rs 2,40,000 crore ...

Tesla: Government is finalising guidelines for expanding the scope of a policy, which allows global automobile companies to ...

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

India's FY26 budget lowers average customs duty rates to 10.66%, enhancing trade relations. While import duties on ...

India has significantly reduced its average customs duty rate to 10.65% from 11.65%, which is at the same levels as prevalent in the Southeast Asian countries, Sanjay Kumar Agarwal, chairman ...

The Indian government in the Union Budget 2025-26 proposed to reduce the number of Basic Custom Duty (BCD) rates on several ...