Page 3 - Basic Customs Duty News Today

The Indian Toy industry witnessed remarkable growth in FY 2022-23 in comparison to FY 2014-15, with a decline in imports by 52 percent, a rise in exports by 239 percent

Get latest articles and stories on Business at LatestLY. The Indian Toy industry witnessed remarkable growth in FY 2022-23 in comparison to FY 2014-15, with a decline in imports by 52 percent, a rise in exports by 239 percent and development of overall quality of the toys available in the domestic market. Business News | Indian Toy Industry Sees 52 Pc Fall in Imports, 239 Pc Rise in Exports in FY 2022-23 Compared to FY 2014-15.

These observations have been noted in a Case Study on “Success Story of Made in India Toys” has been conducted by the Indian Institute of Management (IIM) Lucknow

The New Year is set to see renewable energy growth, coal fired capacity addition, solar manufacturing expansion, and the commissioning of major hydropower projects.

In the current financial year, the momentum is strong, evidenced by over 16 GW of renewable projects tendered and another 17 GW in the pipeline.

Explore the CESTAT Chennai order in TCP Limited vs Commissioner of Customs regarding the concessional rate of duty on imported coal. Detailed analysis and implications.

Exports of locally made solar panels are on the rise while imported modules remain the mainstay of domestic RE producers

In a regulatory filing, the company said: "customs department has alleged the company for evading custom duty amounting Rs 16,27,085 by wrong availment of BCD concession based on the end use of the imported goods." MSIL imports goods from foreign suppliers. On few items, Maruti Suzuki India Limited (the Company) has claimed Basic Customs Duty (BCD) concession under Sr. No. 448H, 485A, 490, 494A, 516C and 581B of Notification No. 50/2017-Customs, the filing added.

In a regulatory filing, the company said: "customs department has alleged the company for evading custom duty amounting Rs 16,27,085 by wrong availment of BCD concession based on the end use of the imported goods." MSIL imports goods from foreign suppliers. On few items, Maruti Suzuki India Limited (the Company) has claimed Basic Customs Duty (BCD) concession under Sr. No. 448H, 485A, 490, 494A, 516C and 581B of Notification No. 50/2017-Customs, the filing added.

I) J-A-M JAN DHAN – AADHAR – MOBILE “wars-of-nations-are-fought-to-change-maps-but-wars-of-poverty-are-fought-to-map-change” – Muhammad Ali, Professional