Tag: customs duties
Posted in Economy
Need to see why industry seek high duties despite significant cut in tariffs: DPIIT Secy
December 11, 2024 Leave a Comment on Need to see why industry seek high duties despite significant cut in tariffs: DPIIT Secy
India has reduced its tariffs significantly over the years, bringing them down to the world average level, yet the domestic industries continue to suggest increasing…
Posted in Economy
India proposes retaliatory duties on EU’s safeguard measures on some steel products
September 20, 2024 Leave a Comment on India proposes retaliatory duties on EU’s safeguard measures on some steel products
India has proposed the imposition of retaliatory customs duties, under the WTO norms, on certain value of goods imported from the EU, as the two…
Posted in Economy
India no ‘abuser’ of tariffs, Trump’s claims unfair: GTRI
September 20, 2024 Leave a Comment on India no ‘abuser’ of tariffs, Trump’s claims unfair: GTRI
Think tank Global Trade Research Initiative (GTRI) Friday said that former American President Donald Trump’s recent claim that India is an “abuser” of import tariffs…
Posted in NRI News
Indian American jeweller indicted in multi-million dollar international trade fraud
February 28, 2024 Leave a Comment on Indian American jeweller indicted in multi-million dollar international trade fraud
NEW DELHI: Monishkumar Kirankumar Doshi Shah, a 39-year-old Indian jeweler based in both Mumbai and New Jersey, has been indicted on charges of illegally evading…