Basic Custom Duty News Today

In this article, the author provides an overview of the investments and developments occurring in Gujarat International Finance Tec-City.

Import duty on gold, silver findings and precious metals increased to 15%

Budget 2024: The commerce ministry has sent a list of items to the finance ministry to correct the inverted structure in the customs duty levied on certain items.

Gold or silver findings are a small component such as a hook, pin, screw that holds the whole or a part of a piece of jewellery in place.

Indias pharma sector on Wednesday said the Goods and Services Tax (GST) Councils decision to exempt tax on rare diseases drugs is unlikely to benefit the population unless the waiver is extended to drugs that are made commercially available in the country. The GST Council on Tuesday (July 11) said the Integrated Goods and Services Tax (IGST) on medicines and Food for Special Medical Purposes (FSMP) used for treating rare diseases enlisted under the National Policy for Rare Diseases, 2021, will b...

Discover Indias tax requirements for businesses and tax-paying Individuals, transfer pricing rules, accounting and audit compliance, as well as various links to helpful resources for managing your business in India.

Amendments in ALMM have led to a superficial rise in solar module costs due to gaps in the demand-supply of products, according to some stakeholders

The mission of National Steel Policy (NSP), 2017 is to facilitate a conducive environment for steel production by providing policy support and guidance to steel producers. NSP aims to achieve a steel production capacity of 300 MT by 2030 by enhancing domestic consumption to 160kg by 2030, produce high-quality steel and make the sector globally…

A high-level Parliamentary panel has raised concern over under-achievement of targets under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan or the PM-KUSUM scheme, which was launched in March 2019.

A high-level Parliamentary panel has raised concern over under-achievement of targets under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan or the PM-KUSUM scheme, which was launched in March 2019.The scheme was envisaged to ...