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

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

This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported ...

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

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 ...

Tax authorities in September 2024, issued a notice to the German automaker for evading taxes, to the tune of $1.4 billion, by wilfully paying lower customs duties on components imported for the ...

India's Union Budget 2025-26 proposes cutting 7 customs tariff rates for industrial goods, reducing total slabs to 8, ...

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

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 ...

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

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 ...