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Customs Duty News

Customs Dept To Roll-Out Faceless Assessment In A Phased Manner
In a circular on Monday, the Central Board of Indirect Taxes and Customs (CBIC) said since faceless assessment (commonly known as anonymised or virtual assessment) is a complete departure from the existing manner of customs assessment, it is being introduced in ...
Customs Dept To Roll Out Faceless Assessment In A Phased Manner

ITC Shares Extend Further Decline, Falls 4%
ITC shares on the proposal to hike excise duty on tobacco and cigarettes was the biggest loser in trade on the Budget day. The shares extended further decline and reached an intra-day low of Rs. 210.70 in early trade, shedding as ...
Itc Shares Extend Further Decline Fells
Budget 2020:World Gold Council Expects Cut In Customs Duty
From the upcoming budget 2020, World Gold Council expects a cut in the customs duty on imports of gold. This is what was iterated by the organisation's CEO. As per a leading business dailies report, roll back to the earlier customs ...
Budget 2020 World Gold Council Expects Cut In Customs Duty
Customs Duty On Wheat Increased To 40%
Customs duty on wheat was increased from 30 percent to 40 percent by the Indian government to curb imports and protect the domestic players in the industry. The government intends to restrict overseas purchase so as to keep the domestic prices of wheat in check amid ...
Customs Duty On Wheat Increased To
India Raises Duty on Selected American Imports
India has followed the European Union in imposing retaliatory levies on US goods, as the trade war between China and the US worsens. Customs duties have been hiked on several goods, including Bengal gram, lentils, and artemia that are imported from ...
India Raises Duty On Selected American Imports
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