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Import duty hike News

17 Sep 2024

Government Urges Edible Oil Processors To Hold Retail Prices Despite Duty Hike

India imports a large quantity of edible oils to meet domestic demand. The dependence on imports is more than 50 per cent of total requirements.

gold import duty hike

01 Jul 2022

Centre hikes import duties on gold! Yellow metal price rises

The duty increase would raise prices and moderate demand in India. The May trade deficit in India increased to $24.29 billion.

import duty hike

12 Oct 2018

Govt hikes import duty on select communication items to up to 20%

The increased duties would be effective from October 12, the Central Board of Excise and Customs (CBIC) said.

import duty hike

27 Sep 2018

Import duty on 19 products hiked: List of products that will become costlier

The enhanced duty rates which will make these imported goods expensive.

import duty hike

26 Sep 2018

Government hikes customs duty on 19 items to curb non-essential imports

The Centre's order will be effective from midnight of September 26-27.

28 May 2018

Audi India offers discounts of up to Rs 10 lakh on select models

The government had also raised customs duty on specified parts/accessories of motor vehicles, motor cars, motor cycles from 7.5 percent to 15 percent.

Budget 2015-16 wishlist

22 Jan 2015

Steel Ministry seeks hiking of import duty on finished products

The Mines and Steel Ministry has sought import duty hike on finished steel products to 10 percent, besides complete withdrawal of the levy on imports of steel-making inputs such as iron ore and coking coal in the coming Budget.

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