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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNOTIFICATION No. 03/2023-Customs (N.T.)New Delhi, the 11th January, 2023 G.S.R. .(E).- In exercise of the powers Read more…
India is likely to import a million tonnes of tur dal (pigeon peas) in the marketing year 2023-24 to meet the domestic demand as production in the country is expected to drop due to wilt disease, said Rohit Kumar Singh, Read more…
The lawmakers from the US State of Washington have urged the Biden administration to help remove or reduce the tariffs on American apples imported to India as the country’s fruit industry has incurred significant losses due to New Delhi’s retaliatory Read more…
We have seen an increase in delay related costs for containers into Kenya and for containers that are in transit via Kenyan ports. To encourage all customers to return import containers as quickly as possible and to enable us to Read more…
Bank Mandiri economist Faisal Rachman has predicted that the growth in imports will be higher than that of exports in 2023, driven by strengthening domestic demand. Domestic demand in 2023 will be driven by the lifting of restrictions on community Read more…
India has drawn up a list of over 35 items that are being examined for a possible customs duty increase in the upcoming budget, scheduled to be announced on February 1. Private jets, helicopters, high-end electronic items, plastic goods, jewellery, Read more…
Gem and jewellery exporters on Sunday urged the government to announce support measures like the abolition of import duty on raw material for lab-grown diamonds and jewellery repair policy to promote the sector and boost shipments in the forthcoming Budget. Read more…
India’s central bank governor has expressed concern over growing debt distress among regional trade partners and said he is alert to possible risks to his country’s economy from a global slowdown. Shaktikanta Das said in an interview with the Financial Read more…
In 2022, Korea’s trade with India touched an all-time high at USD 27.8 bn while Japan lingers around USD 20 bn. Similar was the case last year, and previously too. The count of Korean companies in India is increasing fast Read more…
New Delhi: Centre has allowed International Trade Settlements in Indian Rupees for Export Promotion Schemes under the Foreign Trade Policy. According to the Ministry of Commerce and Industry, the decision was taken to facilitate and ease international trade transactions in Read more…