Customs Duty Archives - SwiftTelecast

After uproar over hike in Budget, govt reverts to 10% customs duty on lab chemicals, with 1 condition

New Delhi: The Union Ministry of Finance, in a notification issued Wednesday, reverted to a 10 percent customs duty on imported lab chemicals, except industrial-grade ethanol, with a condition — …

Govt chooses 3 anti-cancer drugs for concessions — but list of life-saving costly medicines is long

by Shawn Butlere

New Delhi: A decision by the Modi government, as announced by finance minister Nirmala Sitharaman in her budget speech Tuesday, to waive off basic customs duty on three crucial anti-cancer drugs has …

Rationalisation of duty structure important for fast adoption of new technologies: BMW India Head

by Adesola Mojo

Rationalisation of the duty structure is critical for the fast adoption of new technologies, including electric vehicles, BMW Group India President Vikram Pawah said on Thursday. He stressed on a …