In a significant step towards simplifying the country’s trade processes, the Central Board of Indirect Taxes and Customs (CBIC) today announced the consolidation of 31 separate customs duty ...
India is set to resume all international postal services to the US from October 15, 2025. A new Delivery Duty Paid (DDP) system will collect customs duties upfront in India, ensuring faster clearance ...
Customs officials attributed the shortfall to a 20–25% drop in imports of consumer goods, electronics, cosmetics, and garments from India.
China has approved rare-earth magnet imports to Indian companies, which may support India's domestic electrification plans ...
Duty on capital goods removed from MOOWR units should be calculated by allowing depreciation, or duties should be waived or reduced for fully depreciated goods.
The WTO Secretariat’s latest report on MSME trade facilitation cited India’s AEO scheme as a model for making trusted trader ...
The global copper scrap trade is entering a new cycle of restructuring. Over the past decade, the global trade network for ...
Guangzhou Customs announced a series of facilitation measures to help ensure smooth and efficient customs clearance of personnel, exhibits and related materials entering and exiting the 138th China ...
CII has also proposed a phased road-map toward Paper-Free Customs by 2028 encompassing e-refunds, e-adjudication and ...
UPS, the world's largest courier, has destroyed U.S.-bound packages due to changes in customs regulations. Some UPS customers say they’ve spent weeks waiting and sifting through a string of ...
CESTAT upholds the denial of EPCG benefit for used machinery but reduces the redemption fine and sets aside the Section 114A penalty due to bona fide ...
Steel tycoon Lakshmi Mittal’s energy joint venture in India has said it has stopped buying Russian crude oil, shortly after ...