#customs
Indian national arrested with 535 grams of gold at TIA
KATHMANDU: An Indian national has been arrested with 535 grams of gold at Tribhuvan International Airport (TIA). Mohammed Chera Thodi, a resident of Kerala, India, who arrived from Dubai on Thursday, was arrested after police recovered the gold during a secur…
CBIC operationalises budget reforms for express sector; aims on digitisation, quick clearances: Chairman
Chaturvedi said ECCS is now operational at international courier terminals across nine major cities in India, enabling electronic processing, system-driven assessments and faster clearances
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions
The government is likely to take a call on extending import duty exemption on about 40 products beyond June 30, after analysing the evolving situation in West Asia and associated revenue implications, an official said on Thursday.
Gold imports drop 70% to 30 tonnes after duty hike: Official
However, in value terms, India’s gold imports rose by 34% year-on-year to $3.41 billion in May, driven by higher prices of the precious metal
Incora Expands Operations in India to Strengthen Regional Aerospace Support
Incora announced an expansion of its operations in India after securing a key customs and warehousing license. ...
Tax vs Customs: Why MNCs face a growing valuation and compliance battle
MNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance risks, litigation and valuation disputes.