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

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 ...

Finance Minister Nirmala Sitharaman removed seven tariff rates in the 2025-26 Budget. This is over and above the seven tariff ...

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

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 ...

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 ...

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 ...

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 ...