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import duties News
India firm on decision to impose retaliatory tariff on 29 US items
Fri, Jun 14, 2019
India will impose retaliatory import duties on 29 US products, including almond, walnut and pulses, sources said Friday. In May last year, the ministry had extended the deadline for imposing higher tariffs on these US products till June 16.
India again extends deadline to impose high import duties on 29 US products till May 2
Sat, Mar 30, 2019
India is pushing the dates as both sides are negotiating a trade package to boost bilateral commerce. But earlier this month, the US decided to withdraw export incentives being provided by them to Indian exporters for certain goods under Generalised System of Preferences (GSP) programme.
India rejects US claims on import duties, says tariffs within global trade norms of WTO
Tue, Mar 05, 2019
Duties which are imposed on imported goods are called applied rates and the extent to which a country can increase those duties are known as bound rates.
India hits back at US with higher import duties on farm, steel products
Thu, Jun 21, 2018
In tariff rates issued late on Wednesday, India`s commerce ministry named some varieties of apples, almonds, chickpeas, lentils, walnuts and artemia that would carry higher import taxes. Most of these are purchased from the United States.
Nissan progressing towards 5% market share in India
Mon, Dec 26, 2016
Japanese automobile maker Nissan Motor Corporation is progressing steadily towards capturing 5% market share in India by 2020 with new model launches, said a top official of its Indian operations.