2) Presently, certain specified ships/vessels are exempt from basic customs duty
and Central Excise duty (CVD).
Participants in the cabinet meeting also dealt with the revision of the customs duty
and consumption tax as well as simplifying port procedures, completing the programme of paperless customs measures and components of the transportation bundle, in addition to the development of human resources.
Rawalpindi -- The Custom Intelligence Department has started an investigation against customs officials for their alleged involvement in customs duty
theft at the Margalla Dry Port and the Benazir Bhutto International Airport.
Presently, six percent customs duty
and six percent import incidental together with local PSF manufacturers margin make the PSF availability at around 20 percent price differential, he added.
89] per pack in Dubai is sold for Rs190 [Dhs11] in India due to high customs duty
," the DRI officer said.
3% customs duty
on the import of beans from Kyrgyzstan, according to a meeting between Minister of Agriculture and Melioration Taalaibek Aidaraliyev and Minister of Food, Agriculture and Livestock of Turkey Mehmet Mehdi Eker.
Shoppers buying goods online from non-European Union (EU) countries, or travellers going abroad to do Christmas shopping, are advised to check how much they can buy before customs duty
or import VAT are due.
The Government exempted the customs duty
for the canning industry red peppers import for 50 percent.
By end-July 2014, the Customs Agency reported customs duty
receipts which exceeded the forecast by BGN 8.
UNION Finance Minister Arun Jaitley has given the domestic manufacturing sector a boost addressing the inverted duty structure on inputs used make electronic goods, soaps and steel and increased the customs duty
on import of finished goods.
New Delhi, July 10 ( ANI ): To boost domestic manufacture and to address the issue of inverted duties, the budget proposals for fiscal 2014-15 plan to reduce basic customs duty
(BCD) on certain items.
The authorities can also change the classification of goods, which can result in higher customs duty
from zero to 5pc.