Govt exempts import duty on drugs used for treatment of rare diseases

Mar 30, 2023

The central has fully exempted basic customs duty on the import of all drugs and food for special medical purposes and for personal use...

India raises import duty on gold

Jul 01, 2022

New Delhi [India], July 1 : The Centre has raised the import duty on gold from 7.5 per cent to 12.5 per cent, as...

TEXPROCIL welcomes removal of import duty on cotton

Apr 18, 2022

Mumbai (Maharashtra) [India], April 18 (ANI/PNN): The Government has permitted duty-free imports of cotton for the period April 14 - September 30, 2022 vide...

Govt raises import duty on platinum to 15.4 per cent

Oct 04, 2022

New Delhi [India], October 4 : India has raised total import duty on platinum to 15.4 per cent from 10.75 per cent, the government...

India cuts import duty on refined soy, sunflower oils

Jun 15, 2023

India has reduced customs duty on imports of refined soyabean oil and refined sunflower oil to 12.5 per cent from 17.5 per cent, according...

High import tariff adding fillip to illicit gold trade

Jan 27, 2023

New Delhi [India], January 27 (ANI/Mediawire): Raising import duty on gold serves as an incentive for smugglers. Lowering the duty gradually could help grow...