Legislative Changes in Customs Laws
Under the newly proposed union Budget 2023 the Union Ministry has proposed certain major legislative changes in Customs Laws. The legislative changes are; Section 25
Category: Customs Import Duty
Customs Import Duty Tariff Rate updates in New Budgets
Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports
To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per
Government must look at reducing import duty on gold in Budget 2023 to boost performance
For December 2022, the total gross export of Gold Jewellery (Plain & Studded) a decline of 4.55% to Rs 4,635.64 crores (declined 12.62% in dollar
Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023- Reg.
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNOTIFICATION
Customs duty on 35 items may be hiked in Budget 2023
India has drawn up a list of over 35 items that are being examined for a possible customs duty increase in the upcoming budget, scheduled