The authority held that an advance ruling cannot be issued when the same classification issue is already pending before ...
PwC’s recommendations ahead of Budget 2026 focus on four major areas: clearing disputes, simplifying duties, speeding up ...
The move is likely to help resolve disputes over classification of customs, rectify the inverted duty structures and reduce exemptions, the report said citing sources. India is planning to reduce the ...
The Indian Cellular and Electronics Association (ICEA) has requested a rationalisation of Basic Customs Duty (BCD) and ...
Customs duty reforms aim to boost industry, exports and ease of living: CBIC Chairman ...
Finance Minister Nirmala Sitharaman's Budget 2026 proposes a 50% reduction in import tariff rates for personal goods, from 20% to 10%. This change aims to rationalize customs duties, potentially ...
Union Budget 2026–27 rationalises customs duties across key sectors to support domestic manufacturing, promote exports, ease personal imports and medicines, and simplify customs processes, FM Nirmala ...
In its pre-Budget memorandum, the Indian Cellular and Electronics Association (ICEA) has sought rationalisation of Basic ...
The government may undertake a major exercise to reduce the basic customs duty or import tariff on a large number of goods, especially critical raw materials and intermediate goods, in the Budget for ...
Faster resolution of Customs disputes. Lower legal fees and travel costs for parties. Greater transparency in adjudication ...
In this continued era of protectionist and mercantilist trade policies arising from the United States, there are strategies that can be carefully evaluated and pursued to maximize Customs duty savings ...