Live Breaking News & Updates on Import Duty Reduction

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Centre cuts import duty on phone parts. How will it help Made In India mobiles?

The import duty on parts such as battery covers, main camera lenses, back covers, other mechanical items of plastic and metal, has been reduced to 10%. ....

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Budget 2024: Auto Inc hopeful for import duty relief, green mobility push, and rationalized taxes | Business

Budget News: The Indian auto industry is hopeful for import duty relief, green mobility push, and rationalized taxes in the Budget 2024. Continental India, Mercedes-Benz India, JK Tyre & Industries, Ultraviolette, SUN Mobility, Luxury Ride, and the Ministry of Road Transport and Highways have expressed their expectations for the upcoming budget. ....

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Government Not Considerate On Slashing Duties On Importing Electric Vehicles

No duty cuts expected for importing electric vehicles; government focuses on production-linked incentives for auto industry with Rs 25,938 crore budget. ....

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Budget 2023: Trade Body GJEPC Urges Centre To Introduce Jewellery Repair Policy and Import Duty Reduction

At present, India has a miniscule market share of just 3 per cent with a sale of USD 196.8 million while the US has around 30 per cent of the market, followed by China with a share of 9.2 per cent, GJEPC said in a release.
Budget 2023: Trade Body GJEPC Urges Centre To Introduce Jewellery Repair Policy and Import Duty Reduction. ....

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