Import Tax

Solar modules worth more than $150 million stuck at Indian ports due to dispute over classification and import tax

Modi has set an ambitious target of nearly tripling the country’s total renewable energy capacity to 175 gigawatt (GW) by 2022

Mobile phones to be dearer by five percent as govt raises import tax on a variety of electronic products

The rise in tax from 10 percent to 15 percent on handsets will make imports of phones – including most of Apple’s iPhone models – more expensive

Gems and jewellery industry wants 5% import tax; PAN card limit to Rs 5 lakh for Budget

The dometic gems and jewellery industry has urged the government to increase the mandatory PAN card limit to Rs 5 lakh and above and reduce the import duty on gold to atleast 5 percent in the Budget