Import duty

Com & Ind Min seeks imposition of import duty on cement

The Commerce and Industry Ministry today sought imposition of import duty on cement in order to boost exports from the country and provide a level playing field to domestic manufacturers of the commodity.

Mar 02, 2015, 13:58 PM IST

Govt will look into import duty on scrap, FTAs: Minister

The Mines Ministry will look into the issue of import duty on scrap, special additional duty and trade pacts with countries, Union Minister Vishnu Deo Sai said today.

Feb 05, 2015, 22:02 PM IST

Jewellers urge govt to reduce gold import duty to 2%

The jewellery industry has asked the government to reduce customs duty on gold to 2 percent, from 10 percent at present, in order to check smuggling of the precious metal.

Jan 11, 2015, 17:49 PM IST

Keen to enter in India but high import duty a roadblock: Tesla

US-based premium electric car maker Tesla Motors is keen to enter the Indian market and has even identified the country as one of the possible locations to set up a manufacturing plant in Asia.

Nov 19, 2014, 18:48 PM IST

Agriculture Ministryseeks import duty exemption on potato to boost supply

The Agriculture Ministry has demanded that potato be exempted from import duties to boost domestic supplies of the vegetable and curb rise in its prices.

Oct 26, 2014, 12:47 PM IST

Paswan meets FM; wants import duty on edible oils to be hiked

Food Minister Ram Vilas Paswan Friday met Finance Minister Arun Jaitley here and discussed the issue of raising import duty on crude and refined edible oils to restrict cheap imports and protect domestic farmers, among other matters.

Oct 24, 2014, 20:40 PM IST

FinMin to decide on removing iron ore import duty: SteelMin

Finance Ministry will take a call on withdrawing import duty of iron ore in the face of falling domestic supplies that is forcing steel makers to buy the raw material from overseas market, a Steel Ministry official said.

Sep 16, 2014, 23:20 PM IST

Import duty on sugar can be raised if mills clear arrears: Paswan

The government could raise import duty on sugar to protect mills if they clear farmers` cane arrears, Food Minister Ram Vilas Paswan said Thursday.

Aug 14, 2014, 21:54 PM IST

Restrictions on gold imports likely to stay

Both the government as well as the RBI took a series of steps to curb imports of gold and other non-essential items in addition to increase foreign exchange inflows.

Jul 22, 2014, 13:31 PM IST

Govt may cut 2% import duty on gold in budget: BoAML

The union government is expected to cut two percent import duty in gold in the forthcoming budget, as local jewellers run out of inventory, a leading US brokerage said.

Jun 29, 2014, 18:58 PM IST

Sugar prices rise by Rs 60/quintal on import duty hike

Sugar prices rose up to Rs 60 per quintal in its prices on the country's leading wholesale markets on stockists buying after the government raised import duty on the sweetener to 40 percent besides additional interest-free loan of Rs 4,400 crore for mills.

Jun 23, 2014, 19:15 PM IST

Commerce Min not looking at hiking import duty on sugar

The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said Wednesday.

Jun 11, 2014, 19:36 PM IST

Natural rubber imports jump 64% in May

The import of natural rubber rose 64 percent to 34,419 tonnes in May on account of lower prices in international markets and drop in domestic production.

Jun 09, 2014, 15:02 PM IST