Centre extends reduction in customs duty on edible oil imports till 2025
India is the world’s largest importer of edible oil as it meets 60 pc of its requirement through imports.
India is the world’s largest importer of edible oil as it meets 60 pc of its requirement through imports.
Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence (DRI) against Xiaomi India and its contract manufacturers.
After extending the deadline for several times, India has imposed additional customs duties on 29 US products.
The government had on June 21, 2018, decided to impose these duties in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products.
The other items include washing machines, speakers, radial car tyres, jewellery items, kitchen and tableware, certain plastic goods, and suitcases.
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