Import Duty

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Import Duty - Total results - 63
Amazon launches 'Global Store' and we have our initial shopping list ready
News & Analysis

Amazon launches 'Global Store' and we have our initial shopping list ready

Amazon India announced the launch of "Global Store" in India formally ahead of the Diwali. The "Global Store" section was already available on Amazon India but the formal announcement took place yesterday.

How illicit gold smuggling is shutting India's refiners, banks out of business
Business

How illicit gold smuggling is shutting India's refiners, banks out of business

Smuggled gold into India could double to as much as 300 tonnes in 2016

Gold imports plunge 10 percent in fiscal 2016
Business

Gold imports plunge 10 percent in fiscal 2016

Gold imports fell by close to 10 percent to 950 tonnes in the 2015-16 fiscal on poor domestic sales due to jewellers' strike and lack of global price parity, a top official of state-run MMTC said.

Budget 2016: Steel Ministry for reviewing inverted duty structure,peak duty rate
Business

Budget 2016: Steel Ministry for reviewing inverted duty structure,peak duty rate

Steel Ministry has pitched for addressing the inverted duty structure in the sector in the upcoming Budget in a bid to protect the domestic industry, which is facing an onslaught of cheap imports and weak prices.

Metal shares on strong footing after govt hikes steel import duty
Business

Metal shares on strong footing after govt hikes steel import duty

Govt hiked import duty on long steel products from 5.5 percent to 7.5 percent and that of flat steel product from 7.5 percent to 10 percent

Govt ups sugar import duty to 40%, scraps excise on ethanol but millers still unhappy
Business

Govt ups sugar import duty to 40%, scraps excise on ethanol but millers still unhappy

Industry body ISMA said the decisions would help the millers only in the long run

Budget 2015: No steps to tackle black money via gold, imports seen surging
Business

Budget 2015: No steps to tackle black money via gold, imports seen surging

The NDA has been lucky as inflation is trending downwards and overseas gold prices are also falling. But Jaitley seems to have missed a chance by not cutting gold import duty

Budget 2015: Tyre makers seek doubling of import duty
Business

Budget 2015: Tyre makers seek doubling of import duty

Indian manufacturers have asked the government to double import duty on tyres to 20 percent in the Budget to bring it at par with natural rubber in order to provide a level-playing field to the domestic industry.

Mercedes seeks cut in 'unreasonable' high taxation on auto sector
Business

Mercedes seeks cut in 'unreasonable' high taxation on auto sector

The company's Indian arm, Mercedes Benz India also wants Finance Minister Arun Jaitley to consider bringing down import duty on luxury cars in the upcoming budget, besides focusing on infrastructure and improving fuel quality standards to propel growth in the sector.

Lucky Jaitley to make a windfall gain of $12 bn from crude oil fall
Economy

Lucky Jaitley to make a windfall gain of $12 bn from crude oil fall

The savings would come in the form of reduced fuel subsidy costs and higher petrol and diesel levies

Govt has no plans to cut record 10% duty on gold
Economy

Govt has no plans to cut record 10% duty on gold

India, desperate to trim a gaping current account deficit, took a slew of measures last year to curb demand for bullion, its second-biggest import after oil.<br />

Good news: Govt in talks to ease gold imports
Economy

Good news: Govt in talks to ease gold imports

Officials are in discussions to cut a record high import duty on gold and relax rules on exports, government sources said, after the measures helped narrow the country's trade deficit and now threaten to encourage smuggling.<br /><br />

Why Gulf Indians are unhappy with import duty on TV sets
Economy

Why Gulf Indians are unhappy with import duty on TV sets

Indians living in the Gulf region have criticised the government's decision to impose a 35 percent duty, besides other charges, on television sets being brought into the country

Titan plunges 12% after govt curbs gold imports for third time in two months
Investing

Titan plunges 12% after govt curbs gold imports for third time in two months

Titan Industries shares slump 12.11 percent after the Reserve Bank of India banned imports of gold coins and medallions and required domestic buyers to pay cash for the yellow metal, among other measures.<br /><br />

Gold shoots to 5-week high; up Rs 430 on duty hike, global trend
Economy

Gold shoots to 5-week high; up Rs 430 on duty hike, global trend

Gold prices on Thursday zoomed to a five-week high rising by Rs 430 to Rs 28,090 per 10 grams in the national capital on increased stockists buying, following government decision to hike import duty on the precious metal amid firm global cues.

CAD pressure: FM hikes import duty on gold to 8 percent to curb demand
Business

CAD pressure: FM hikes import duty on gold to 8 percent to curb demand

"The import duty on gold has been increased from 6 per cent to 8 per cent," Revenue Secretary Sumit Bose said.

The Ultimate Guide to Importing Gadgets Online
News & Analysis

The Ultimate Guide to Importing Gadgets Online

Learn about the intricacies of importing gadgets, the red tape, duty structures, and how to go about it the smart way.

Duty hike: Gold gluttons will keep demand intact
Economy

Duty hike: Gold gluttons will keep demand intact

India's passion for gold is putting such a strain on state finances that the govt may slap higher import taxes on the metal, but demand buoyed by heady inflation and meagre savings will blunt the impact of any rise in duties.<br /><br />