iPhones get cheaper by up to Rs 6,000 after customs duty relief in Budget
New Delhi: Apple has reduced the prices of its iPhones by 3-4% across its entire range, allowing customers to save between Rs 5,100 and Rs 6,000 on Pro or Pro Max models.
India to advocate end of moratorium on customs duty on e-commerce goods at WTO Abu Dhabi meet
New Delhi: India intends to advocate for the termination of the moratorium on customs duties on e-commerce goods at the upcoming 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) in Abu Dhabi later this month, media reported citing officials.
DRI alleges Customs duty evasion of Rs 4389 crore by Chinese phone-maker Oppo India
After Xiaomi and Vivo, raids were conducted at the office premises of another Chinese phone maker Oppo and allegedly detected customs duty evasion of Rs 4389 crore, the finance ministry said.
Union Budget: Increase in customs duty on footwear and furniture to promote domestic MSMEs
New Delhi/IBNS: Keeping in view the need of MSME sector, Customs duty is being raised on items like footwear (from 25% to 35% on footwear and from 15% to 20% on parts of footwear) and furniture (from 20% to 25%).
New Delhi, Jan 28 (IBNS): Apex industry body ASSOCHAM has urged the Union Government to reduce customs duty on chilled and frozen sea food from present level of 30 per cent to 10 per cent to bring down food inflation and satiate high demand for sea food in India.