customs duty

Solar projects seeing cost pressure due to elevated cell, module prices, Basic Customs Duty: Report 

Recently, Union New and Renewable Energy Minister R K Singh said that there were no plans to review the BCD levied on solar modules and cells.

published on : 30th June 2022

India has installed renewable energy projects of 152.90 GW: Power minister

“Further, projects of 72.61 GW capacity are under various stages of implementation and 21.11 GW capacity are under various stages of bidding,” said Singh.

published on : 25th March 2022

Budget 2022: Customs duty exemptions on 350 items withdrawn to push 'Make in India'

Duty on capital goods and project imports was rationalised by phasing out concessional rates and applying a moderate tariff of 7.5 per cent.

published on : 2nd February 2022

Consumer electronics makers seek customs duty hike on finished goods imports, incentives on R&D 

The nearly Rs 75,000-crore industry is expecting "certain enablers" that will encourage domestic manufacturing

published on : 23rd January 2022

Centre scraps basic customs duty; cuts agriculture cess on crude palm, soyabean and sunflower oil

The basic customs duty on refined varieties of sunflower, soyabean, palmolein and palm oil has been slashed to 17.5 per cent each from 32.5 per cent at present.

published on : 13th October 2021

CBIC cuts basic customs duty on crude, refined soya oil and sunflower oil till September 30

The reduced duties are intended to boost domestic supply and ease rising prices of vegetable oil in the domestic market.

published on : 20th August 2021

Budget woes: Customs duty hike may make ACs costlier, says industry

Finance Minister Nirmala Sitharaman has proposed an increase in customs duty on items that included mobile phone parts and compressors.

published on : 2nd February 2021

Increased customs duty a statutory industry-wise hike: Apple

The government's decision to hike the customs duty from 10 percent to 15 percent for mobile handsets is a statutory industry-wise hike, Apple India said on Saturday.

published on : 17th December 2017