Page-2 of import duty
Government extends deadline for imposing duty hike on 29 US products by 45 days
Union Finance Ministry has further extended deadline on imposing import duty hike on 29 products, imported from United States (US) by 45 days till September 18, 2018 from earlier August 4, 2018. This decision for extension of retaliatory measures for ..
Month: Current Affairs - August, 2018
Government levies 10% import duty on key smartphone components
The Central Bureau of Excise and Customs (CBEC) under Finance Ministry has imposed a 10% duty on imports of key smartphone components such as populated printed circuit boards (PCBs), camera modules and connectors. At present there is zero import duty ..
Month: Current Affairs - April, 2018
Government doubles import duty on wheat to 20%
The Central Board of Excise and Customs (CBEC) under Union Finance Ministry has doubled import duty on wheat to 20% from 10% to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed ..
Month: Current Affairs - November, 2017
Government to impose 10 per cent import duty on wheat
Government has decided to impose 10 per cent import duty on wheat to discourage wheat importers, applicable from 31 March 2016 after the gap of eight years. This move was taken in wake of increased overseas purchase of wheat when ..