Customs Duty
Latest news, explainers and analysis on Customs Duty. Tracking 3 stories on Arth Vani.
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Latest on Customs Duty
DBS Bank India Now Facilitates Online Payments for Customs, Excise, and Service Tax
DBS Bank India has enabled its customers to make online payments for customs duty, excise duty, and service tax, enhancing convenience for businesses and individuals across the country. This move simplifies the tax payment process, aligning with India's broader digital transformation efforts.
Indian Copper Producers Urge Government to Double Import Duty on Solar Components
The Indian Primary Copper Producers Association has requested the government to increase customs duties on solar PV ribbon and busbars from 5% to 10%. This move aims to protect domestic copper manufacturers, citing underutilized production capacity due to cheaper imports, particularly from China.
India Opens Applications for 2026 UK Car Import Quota, Slashing Duties to 10%
India has commenced the application process for the 2026 import quota for vehicles from the United Kingdom under the India-UK Comprehensive Economic and Trade Agreement (CETA). This crucial move will dramatically reduce customs duties on imported UK cars from approximately 110% to just 10%, making high-end British vehicles significantly more affordable for Indian consumers and dealerships.
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