Tag: duties
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Mexico to impose counter-tariffs after Trump’s 25% import duties
Mexico will impose retaliatory tariffs on US goods in response to the 25% import tariffs enacted by US President Donald Trump, President Claudia Sheinbaum...
Is this the era for high duties? FM questions India’s tariffs and signals CBIC to reduce rates
Finance minister Nirmala Sitharaman has questioned the relevance of high import duties in today’s economic landscape, signalling the Central Board of Indirect Taxes and...
US import duties could rise 7-8% under reciprocal tariffs: S&P economist
The US is likely to impose reciprocal tariffs, which could raise import duties by about 7-8%, according to Satyam Panday, Chief US and Canada...
Budget 2025: Nil custom duties on waste and scrap of 12 critical minerals
India has scrapped Customs duty on waste and scrap of a dozen critical minerals, while a comprehensive tailings policy – to recover such strategically...
Custom duties rejigged to support domestic manufacturing, promote exports
The Centre announced measures to rationalise customs tariff structure and remove inverted duty structure on certain sectors to support domestic manufacturing and value addition,...
