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Tuesday, August 19, 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

How Modi’s call for self-reliance is different from Nehru’s

In his speech, Modi spoke about energy, critical minerals, electronics, defence and fertilisers. That is a more strategic approach than Nehru’s across-the-board one.

Amid Trump’s tariff bombs, India’s business with America surged while imports from Russia dipped 10%

As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.

India provides Nepal with military equipment, medical supplies; PM Oli likely to visit next month

New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?