U.S. lawmakers introduced a bipartisan bill on Thursday that would revoke China's preferential trade status with the United ...

A Mumbai jeweler received a 30-month prison sentence in the U.S. for evading customs duties on jewelry worth ₹116.55 crore.

An Indian man in the United States was sentenced to 30 months in prison for custom duty evasion on jewellery worth over USD ...

Nuts and Dry Fruits Council seeks lower import duty and GST, aims to boost domestic production and reduce import dependence.

The Customs department has introduced refund guidelines for payments that were initially successful but ultimately failed due ...

To reduce classification disputes, the Budget had announced a review of the customs duty rates. Currently, there are more ...

There are more than 40 different rates and the government is keen on streamlining the customs duty structure to simplify ...

Raising supplementary duty and VAT rates will not boost revenue effectively, says Dr Zaidi Sattar, Chairman of the Policy ...

Tax experts said key demands from the Customs side from the 2025-26 Budget would be rate rationalisation, simplification of ...

Experts believe that gold prices may rise due to global uncertainty, regardless of customs duty changes. Market participants ...

The government may reduce customs duty on inputs for manufacturing in the forthcoming Budget to boost local production.

An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally ...