Page 4 - Basic Customs Duty News Today

National Hydrogen Energy Mission aims to make India energy independent and achieve Net Zero emissions by 2070

India started hiking tariffs well before the largely post-pandemic mood of protectionism in the West kicked in. Also, even as it negotiates a record number of bilateral trade deals, India has chosen to stay out of important regional trading arrangements, including the RCEP.

Extension on the scheduled date of commissioning of solar or hybrid projects will be examined on a case-by-case basis. If found that adequate measures such as land acquisition or placing orders for modules have not been done as yet, then the entire project will be liable for cancellation, the MNRE stated.

The Supreme Court has upheld the requirement of ‘pre-import condition’ incorporated in the Foreign Trade Policy of 2015-2020 (FTP) and Handbook of Procedures 2015-2020 (HBP) to claim exemption of...

The move involves tightening the norms under the approved list aimed at ensuring compliance

The government has exempted basic customs duty on all drugs and food for special medical purposes imported for personal use for treatment of rare diseases.

The Karnataka High Court has held that only the Central Government can make provision for prohibiting, restricting, or regulating the import or export of goods or services, or technology and not the...

Through initiatives like the production-linked incentive schemes, India is successfully boosting local electronics manufacturing and exports.

RK Singh said that under the solar park scheme, a facilitation charge of ₹0.05/unit of power generated from the parks is provided to the states in order to encourage the state governments to provide necessary assistance to the Solar Power Park Developers

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