Customs duty on cut and polished diamonds, gems to be reduced to 5 pc: FM

Feb 01, 2022

New Delhi [India], February 1 : The Customs duty on cut and polished diamonds and gems to be reduced to 5 per cent, said...

FM announces rationalisation of customs duty on gold, silver

Feb 01, 2021

New Delhi [India], February 1 : Finance Minister Nirmala Sitharaman on Monday announced that the government would rationalise the customs duty on gold and...

Government exempts customs duty on cotton imports till Sept 30

Apr 14, 2022

New Delhi [India], April 15 : The Government has decided to exempt all customs duty on the import of cotton in order to provide...

DRI arrests 6 for evading customs duty on imported goods

Feb 04, 2021

Mumbai (Maharashtra) [India], February 5 : Six persons have been arrested by the Directorate of Revenue Intelligence (DRI) for allegedly undervaluing imported goods from...

Mumbai: Customs seize diamonds worth Rs 1.49 cr, one held

Aug 11, 2023

According to the officials, the accused was arrested on Wednesday and remanded to Judicial custody.

GJEPC calls for reduction in import duty for polished diamonds

Jul 08, 2020

Mumbai (Maharashtra) [India], July 8 : The Gem & Jewellery Export Promotion Council (GJEPC) has urged the government to reduce polished diamond import duty...