Disclaimer:

Some parts of this website are currently undergoing development, but exciting updates are on the way. Stay tuned for an exhilarating experience that will keep you captivated! Fair winds and following seas, The DST.news Team.
1 2 3 18
Home > All news > Business, Economy, Regulations > Budget 2024 : Customs duty inversions on key items may be corrected in ‘Make in India’ push

Budget 2024 : Customs duty inversions on key items may be corrected in ‘Make in India’ push

January 24, 2024
Reading Time: 2 minutes

NEW DELHI : India’s ‘Make in India‘ push may continue in the upcoming interim Budget as the Central Government is likely to majorly address the issue of inversions in custom duties imposed on various products ranging from textiles to engineering goods.

The Ministry of Commerce has sent a list of items to the finance ministry to correct the inverted structure in the customs duty levied on certain items, one of the government officials said.

An inverted duty structure occurs when import duty on finished goods is lower compared to . . .

Want to read full article?

FOLLOW US ON SOCIAL MEDIA
Today's News
Follow us
facebook | DST NewsTwitter | DST NEWSlinkedin | DST NEWSInstagram | DST NEWSYouTube | DST NEWS
© DAILY SHIPPING TIMES
Back
Home
crosschevron-down

You cannot copy content of this page

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram