Import

Severe water shortages strain wheat harvest in Iraq

Wrestling with the water shortage, Iraq's government has been unable to tackle other long-neglected issues

No denial of duty exemption for not adhering to oxygen-related equipment import procedures, says CBIC

The government had in April last year allowed duty-free import of oxygen, oxygen-related equipment

Budget 2022: Exporters seek support measures to boost shipments

The Federation of Indian Export Organisations said the export sector is facing major issues due to rising freight cost and its dependence on global shipping companies

Brazil defers import of Covaxin after Bharat Bioetch terminates pact with local partners

The decision comes in the wake of the MoU between Bharat Biotech and the Brazilian government for the supply of 20 million doses of Covaxin landed in controversy and attracted investigation by authorities

Government adds restrictions to import of colour TVs in move to promote Indian manufacturing

The curbs will be imposed on TV sets of screen size ranging from up to 36 cm to over 105 cm.

Malaysia to strengthen trade ties with India after palm oil purchases resume after gap of four months

Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world’s largest edible oil buyer renewed purchases of Malaysian palm oil, in a sign of improving relations between the two countries

India resumes purchases of Malaysian palm oil after four-month gap following diplomatic row

Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said

Coronavirus: Govt asks major ports to defer rentals, waive charges, penalty in view of export-import cargo drop

Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government has asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June

Coronavirus Outbreak: CBIC launches e-gate passes to expedite import clearance process

The revenue department has launched electronic delivery of gate passes and final bills of entry to customs brokers and importers with an aim to further simplify the import clearance process by reducing human interface and help tackle the scourge of Covid-19

India probes alleged increase in subsidised import of soda ash from Turkey following complaints by domestic players

India has initiated a probe into an alleged increase in subsidised imports of soda ash, used in making detergents and soaps, from Turkey following complaints by domestic players