EV import policy unfair to existing manufacturers: BMW's Vikram Pawah
EVs accounted for 10% of BMW India's total sales in 2023, much higher than its German rival Mercedes-Benz.
customs duty
July 2024
March 2024
March 2023
February 2023
Customs duty cut on mobiles welcome, but not enough to meet $110 bn export target
Creation of wider ecosystem more essential than cut in custom duty
Customs duty cut on gold, silver to boost domestic jewellery demand
The budget reduced customs duty on gold bars from 15% to 6%, gold dore from 14.35% to 5.35%, Silver bars from 15% to 6%, and silver dore from 14.35% to 6%.
Budget 2024: Customs duty exemption on critical minerals step towards making India global hub
Govt sets up Mission to produce, recycle and acquire mineral assets
Auto industry welcomes exemption of import duty on lithium, cobalt
The finance minister proposed to fully exempt customs duties on 25 critical minerals and reduce duty on two of them.
Budget 2024: Imported mobile phones, chargers to become cheaper
The Indian mobile phone industry has matured, says Nirmala Sitharaman
India signs FTA with 4 European nations, expects $100 billion investments, 1 million jobs
The EFTA states have become the first European partner to conclude an FTA with India.
Now no customs duty on import of 'rare disease' medicines for personal use
A list out 51 medical problems including several metabolic disorders has been brought under the duty exempted category for import for personal use.
Budget 2023: Here's what gets costlier and what gets cheaper
The revised customs duty will be applicable with effect from February 2, 2023.
Budget 2023: Customs duty tweaks will help domestic production, exports, say stakeholders
The changes in the customs duties will help to provide competitiveness to manufacturing and exports besides attempting import substitution, the FIEO has noted.
