Topic: Customs duties
CAROTAR Rules, 2020
CAROTAR is Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020. It came into force in September, 2020. These rules are set of guidelines that enforce...
USA- France trade dispute
The tariff dispute between USA and France has started affecting bilateral trade. Recently, USA threatened to impose a 100% tariff on French imports such as wine, cheese and...
Steel Import Monitoring System Launched
The Ministry of Commerce and Industries has launched a steel import monitoring system (SIMS) to provide advance information about steel imports. Steel Import Monitoring System The system has been developed...Ministry of Finance conducts India’s first national Time Release Study (TRS)
The Department of Revenue under the Ministry of Finance is conducting India’s first national Time Release Study (TRS) between 1st – 7th August to enable faster movement of...National Time Release Study
For the first time the Ministry of Finance conducting national Time Release Study (TRS) as part of its strategic commitment for improving global trade. Time Release Study TRS...
Imports from Pakistan to India decline by 92% in March 2019
Imports from Pakistan to India have declined by 92% amounting to USD 2.84 Million in March 2019 after imposition of 200% customs duties on all products. The strong...Kochi hosts World Customs Organisation (WCO) regional custom heads meeting
The meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) is being organized by Central Board of Indirect Taxes...
