TAG: Import Duty
Sovereign gold bonds will get at least 12% total return: Revenue Secy
The sovereign gold bonds will get at least 12 percent total return, including interest, for the investors despite the Union budget cutting customs duties on gold and silver to 6 percent from 15 percent, Revenue Secretary Sanjay Malhotra said on July 30.“I...
2 months ago
India extends anti-subsidy duty on welded stainless steel pipes and tubes imported from China, Vietnam
The Indian government has extended the anti-subsidy duty on imports of welded stainless steel pipes and tubes from China and Vietnam for an additional five years, according to an order from the Union finance ministry dated September 10. This duty was orig...
1 month ago
Global price decline in edible oil, new crop to cushion inflationary impact of import duty hike, economists say
The recent hike in import duties on edible oil is unlikely to have a significant impact on domestic inflation. The increase in the basic customs duty on crude soybean, palm and sunflower oil from 0 to 20 per cent, which came into effect from September 14,...
3 weeks ago