Legislative Changes in Customs Laws
Under the newly proposed union Budget 2023 the Union Ministry has proposed certain major legislative changes in Customs Laws. The legislative changes are; Section 25
Daily Export Import News
Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports
To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per
HIGH DEMAND FOR MEDICINAL PLANTS IN INDIA
India has 15 agroclimatic zones that comprise ~18,000 types of plants, of which 6,000-7,000 have therapeutic properties. These medicinal plants are used in numerous applications
Government must look at reducing import duty on gold in Budget 2023 to boost performance
For December 2022, the total gross export of Gold Jewellery (Plain & Studded) a decline of 4.55% to Rs 4,635.64 crores (declined 12.62% in dollar
Free Trade Agreements (FTAs) make Exporters competitive: Economic Survey 2023
The Economic Survey 2023, tabled before the parliament by the Financial Minister Nirmala Sitaraman reviews the performance of the Indian economy .In these surveys it
Rising Alabama exports put 2022 on course for record year
While full-year results are not yet available for 2022, trade data show that Alabama exports approached $23.4 billion in value through November — a figure
Brazil, U.S., Ukraine, Australia Grain Exports, and China Growth, in Focus
“China recently was buying record amounts of Brazilian corn but with supplies in South America now running thin demand will shift to the US through
China hikes Aluminium tariffs but export boom already over
China raised export tariffs on unwrought primary aluminium and alloy at the start of this year after a rare burst of export activity in the
40% of the goods that Spain imports and exports by sea enter or leave from Valenciaport
Valenciaport, as a thermometer of economic activity and world trade, reflects in its 2022 data the international crisis that is affecting the business situation and
India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion
India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports