Category: Customs

New Updates in EXIM Codes 2025 and What to Expect in HS 2028
Aug 17

New Updates in EXIM Codes 2025 and What to Expect in HS 2028

EXIM Codes 2025 and What to Expect in HS 2028 The world of international trade runs on a common language: the Harmonized System (HS) of classification codes. Every five to six years, the World Customs Organization (WCO) revises this system to reflect new products, changing technologies, and shifting trade priorities. For exporters and importers, staying updated is not optional—it’s essential for compliance, cost optimization, and seizing new opportunities. In 2025, several national-level HS code updates have taken effect alongside the Read Full Details…

Aug 17

Possible Methods of Trade Diversification During High Import Tariff Charging

Trade Diversification Rout During High Import Tariff Charging Global trade has always been subject to fluctuations in political, economic, and regulatory environments. One of the most pressing challenges businesses face is the imposition of high import tariffs by countries aiming to protect their domestic industries. While these tariffs can increase the cost of goods and erode competitiveness, they also present opportunities for exporters and importers to diversify trade strategies. Diversification not only reduces dependency on single markets but also strengthens Read Full Details…

Aug 01

How International Political Threats Are Reversing International Trade Backwards

Reversing International Trade Backwards Introduction Global trade has long been seen as a vehicle for economic growth, cultural exchange, and geopolitical cooperation. However, recent years have witnessed a growing number of international political threats—ranging from trade wars and sanctions to rising nationalism and protectionism—that are undermining decades of progress in global trade liberalization. These tensions are now reversing globalization’s momentum, pushing international trade backwards and reshaping the global economic landscape. Key Political Threats Impacting Global Trade 1. Trade Wars and Read Full Details…

Jul 30

USA Imposes 25% Tariff on Exports from India Starting August 1, 2025

The global trade landscape is poised for a significant shift as the United States is set to impose a 25% tariff on exports from India, effective August 1, 2025. This policy decision is expected to have wide-reaching consequences for bilateral trade relations, Indian exporters, and global supply chains. Let’s explore why this tariff is being introduced, which sectors are most affected, and how businesses can navigate this new challenge. Why is the USA Imposing a 25% Tariff on Indian Exports? Read Full Details…

Jul 29

Import Tariff Hikes and Their Impact on Global Trade

Import Tariff & Global Trade In today’s interconnected world, global trade is a vital engine of economic growth, innovation, and development. However, one of the most disruptive tools in international trade policy is the import tariff—a duty imposed by governments on goods brought into their countries. When these tariffs are increased, the ripple effects are felt across industries, supply chains, and economies. 🔍 Understanding Import Tariffs An import tariff is a tax levied on imported goods. Its primary purposes are: Read Full Details…

Jul 28

Know About Worldwide Dry Port Surcharge

Dry Port Surcharge – Export (DPS) In the complex world of international shipping and logistics, several types of surcharges are applied to cover specific services and operational costs. One such important surcharge is the Dry Port Surcharge (DPS), which exporters often encounter when their cargo moves through inland dry ports before reaching seaports for international shipment. Understanding what a Dry Port Surcharge is, why it is applied, and how it affects export costing and logistics planning is crucial for exporters, Read Full Details…

Jul 20

India Extends Anti-Dumping Duty on Aniline Imports from China for Five Years

In a significant move aimed at protecting domestic industries, the Government of India has extended the anti-dumping duty on imports of Aniline originating from China for an additional five years. The Ministry of Finance (Department of Revenue) issued Notification No. 25/2025-Customs (ADD) dated July 18, 2025, officially confirming this extension. What is Aniline and Why is it Important? Aniline is an aromatic amine widely used as an intermediate in the manufacture of dyes, pharmaceuticals, rubber processing chemicals, agrochemicals, and other Read Full Details…

Jul 16

Tariff Hikes and Exports to the USA: What Exporters Need to Know

In recent years, tariff hikes imposed by the United States have significantly impacted global trade dynamics. For exporters targeting the U.S. market, understanding these tariff changes and their implications is crucial to sustaining competitiveness and growth. The effects of tariff hikes on exports to the USA, challenges faced by exporters, and strategies to navigate this evolving landscape. What Are Tariff Hikes? Tariffs are taxes or duties imposed by a country on imported goods. When the U.S. government raises tariffs on Read Full Details…

Onion
May 26

India imposes export duty of 40% on onions

The government on Friday imposed a 40 percent duty on the export of onions. Additionally, it granted an exemption on duty for the import of desi chana until March 31, 2025. Furthermore, it has prolonged the duty exemption on imports of yellow peas for shipments covered by the bill of entry issued on or before October 31, 2024. In a notification, the finance ministry said the changes would be effective from May 4. Currently, the export of onion is banned. Read Full Details…

The demand for footwear under HS Code 64069010
Apr 29

A Comprehensive Report on Product Description, Import Tariffs, and Global Demand

HS Code 64069010 classifies footwear with outer soles of rubber, plastics, leather, or composition leather and uppers of textile materials. This category typically includes sports footwear, such as tennis shoes, sneakers, and similar athletic footwear.