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Thursday, July 31, 2025
TopicImport duty

Topic: import duty

Trump tariff diplomacy is reversing Modi’s protectionist decade

Import tariffs are not an economic consideration for the government of India anyway, with data from Budget 2025-26 showing that customs duty isn’t a key revenue source.

Gold dust in diapers, secret land routes, high-seas drops — what’s behind gold smuggling surge in India

A well-oiled nexus of carriers, receivers, airline & airport personnel keeps the racket running. As import duties & gold prices increase, the smuggling market becomes more lucrative. Read ThePrint investigation.

How new EU tariffs soon after US curbs could push Chinese EV makers to join forces with Indian firms

The European Union has imposed additional tariffs of 17-38% on imported Chinese EVs, which will lead to import duty of up to almost 50%. This could have significant impacts on India.

Tariff hike vs lower import duties — US, India take different routes to boost domestic EV production

While US is seeking to protect its manufacturers by slapping high import tariffs, India is promising lower tariffs but only if foreign investors invest within a set timeframe.

Centre slashes import duty to 10% on select phone parts, boost for Apple, Xiaomi

PM Modi has in recent years promoted India as a smartphone manufacturing hub, prompting companies such as Apple, Xiaomi, Samsung Electronics and Vivo to expand assembly of phones.

Centre cuts import duty on crude palm oil to 10% to lower retail edible oil prices

The effective duty, which includes cess and other charges, on crude palm oil will be 30.25% while for refined palm oil it would be 41.25% from Wednesday.

What govt’s decision to reduce import duty on gold says of our addiction to bad policy

In Episode 677 of #CutTheClutter,​ Shekhar Gupta explains why Modi government’s decision to cut import duties on gold might be the beginning of a reformist reversal.

Duty-free liquor limit will save $50 mn or 0.01% of India’s total import bill of $500 bn

According to data with the Association of Private Airport Operators, liquor imports for duty-free sales amounted to around $97 million, or 0.02% of total imports in 2018-19.

GST is slowing down India’s renewables industry, cutting jobs potential, says study  

The study has been conducted by two nonprofits along with the Modi government’s Skills Council for Green Jobs. 

Customs duty relief offers sole Budget cheer for Army, Navy and IAF

In her maiden Budget, Nirmala Sitharaman has exempt the armed forces from paying customs duty on import of defence equipment.

On Camera

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.