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Friday, September 5, 2025
TopicCustoms duties

Topic: Customs duties

BMW India chief’s Union Budget wishlist — stable policy, import duty cuts, level playing field

Central government should consider introducing measures in interim budget to 'fuel demand' for four-wheelers, says BMW Group India president Vikram Pawah.

Income tax officials ‘visit’ Chinese computer-maker Lenovo’s office in India for ‘search op’

It wasn’t immediately clear why these searches were conducted. Lenovo is one of several Chinese tech companies that central government has accused of evading GST & customs duties. 

Customs gets 5-day custody of Swapna Suresh, Sandeep Nair in Kerala gold smuggling case

The duo was arrested by the NIA from Bengaluru on 11 July and formally arrested by the Customs (Preventive) Commissionerate on 24 July.

Electrical goods and tobacco to get costlier, raw sugar and tuna bait cheaper

The relative change in price of these products is due to custom duties and taxes imposed by the central government

Rupee rout prompts Modi govt to raise customs duties on $12 billion of goods

The taxes on 19 items will be effective Thursday as Modi govt seeks to narrow the current-account deficit and support the rupee.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.