The trade between India and China reached an all-time high of USD 135.98 billion in 2022, even as New Delhi’s trade deficit with Beijing crossed the USD 100...
India’s gross Goods and Services Tax (GST) revenues hit a new high of ₹1.68 lakh crore in April 2022. For the first time, gross GST collection has crossed...
The Government of India recently brought changes to the Customs (Imports of Goods at Concessional Rate of Duty) rules, IGCR 2017 to boost trade facilitation. This was done...
The Government of India and British Government recently finalised a one billion pound of trade and investment with India. This is expected to create 6,500 jobs in the...
The Ministry of Finance recently cut the IGST on import of oxygen concentrators for personal use to 12%. Earlier it was 28%. IGST is Integrated Goods and Services...
The Government of India recently allowed import of seventeen medical devices to provide relief to the COVID-19 patients. However, the importer should make mandatory declarations under Legal Metrology...
The Ministry of Finance recently announced that the businesses with annual turn over of more than Rs 5 crores will have to furnish six-digit HSN code on their...
The Government of India is recently inviting bids for Green Ammonia Projects to reduce the import dependence of the country. As per the Union power and new and...
India recently banned the import of refrigerants and air-conditioners completely tightening norms on “non-essential” imports. This has been done to reduce imports from China and tighten local manufacturing....
On October 9, 2020, the Gujarat State Fertilizers and Chemicals India Limited (GSFC) launched the indigenous variety of boronated calcium nitrate and Calcium nitrate. The Chemicals are being...
