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 ...

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

Tax authorities in September 2024, issued a notice to the German automaker for evading taxes, to the tune of $1.4 billion, by ...

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 ...

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

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

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