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Saturday, November 1, 2025
TopicImport duties

Topic: Import duties

How GST changed import duty revenue for states—no blame, more profit

The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly growing pie of IGST on imports.

US appeal court allows Donald Trump’s ‘Liberation Day’ tariffs to stay for now

A lower court had earlier placed a block on the new import tariffs announced by Trump stating that he overstepped his authority.

Palm oil duty cut to reduce prices will fry domestic potential, self-reliance, say producers

Govt reduced import duty on palm oil earlier this month to bring down retail prices. Some oil and farm associations say it contradicts govt’s vision of 'Atmanirbhar Bharat'.

Indian steel industry was heavily protected, but Budget 2021 has changed that. Here’s why

Steel prices have surged, affecting Modi govt’s infrastructure push. Now, it has reduced duties to facilitate imports despite ‘atmanirbhar’ mission.

Auto parts, footwear, chargers, oil — Chinese products flooding India illegally, govt finds

A group of ministers set up to promote Indian manufacturing has flagged various ways through which Chinese goods are evading duties and other restrictions.

Farmers unhappy as govt decides to lower maize & milk import duty amid falling local prices

The government has allowed import of 5 lakh MT of maize and 10,000 MT of milk under reduced duties, cites commitment to WTO. 

Import duties on solar equipment will delay Modi govt’s renewable goals

A 25 per cent duty on solar equipment imported from China and Malaysia has been imposed.

India defers retaliatory tariffs on US imports keeping door open for agreement

The move comes as an opportunity for an agreement to avert a trade war between the two nations.

On Camera

Rahul and Modi turn Bihar into a national showdown. Tejashwi keeps it local

Rahul’s prolonged absence from Bihar, along with the bloc’s delayed decision to name Tejashwi as CM candidate, finally gave the RJD leader the space to step onto the electoral turf with confidence.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.