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Import Duty

Aug 22, 2014 at 12:12 | Source: Moneycontrol.com
In a bid to provide relief to the sugar industry, the government on Friday decided to increase import duty on the sweetener from 15 percent to 25 percent. The industry which owes Rs 15,000 crore to sugarcane growers, has been demanding an increase of 40 percent.
Aug 22, 2014 at 12:00 | Source: Moneycontrol.com
Bajaj Hindusthan, Balrampur Chini, Dwarikesh Sugar, Dhampur Sugar, Shree Renuka Sugars, Simbhaoli Sugar and Triveni Engineering rallied 4-6 percent after the government raised sugar import duty to 25 percent from 15 percent.
Aug 21, 2014 at 18:35 | Source: Reuters
Struggling with a high trade deficit, India raised its gold import duty to a record 10 percent last year and made it mandatory to export a fifth of all bullion imports. Gold is India's second-biggest expense on the import bill after oil.
Aug 20, 2014 at 13:30 | Source: CNBC-TV18
According to Rajiv Goel, CFO of ISMT in FY14 witnessed a contraction in demand for seamless pipes and the company had to undergo massive price cuts on account of volume dumping by Chinese players.
Aug 19, 2014 at 15:09 | Source: CNBC-TV18
For the company per se, the write-downs in inventory have been substantial for the first quarter of FY15, said Tarun Sawhaney vice chairman & managing director, Triveni Engineering and Industries.
Aug 14, 2014 at 09:40 | Source: Reuters
The forecasts put consumption in India and China below record purchases of 974.8 tonnes and 1,120.1 tonnes respectively last year, when gold prices slumped 28 percent after a 12-year bull run.
Jul 31, 2014 at 12:00 | Source: Skymetweather.com
India will not raise the import duty on sugar for now, according to the Finance Ministry. A month ago the food minister said there was a consensus to raise the ...
Jul 21, 2014 at 17:19 | Source: PTI
In its audit report, the Comptroller and Auditor General (CAG) observed that state-owned oil firms overcharged customers by Rs 26,626 crore in five years by charging notional levies like customs duty on fuel they sold.
Jul 16, 2014 at 16:55 | Source: PTI
The government had increased customs duty on gold to 10 percent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports. India is the largest importer of gold, which is mainly utilised to meet the demand of the jewellery industry.
Jul 14, 2014 at 09:31 | Source: Moneycontrol.com
According to PwC, up to USD 770.4 million of import duties could have been foregone by the Government of India in 2013 due to the differential in duties between refined gold and unrefined gold dor.
Messages on Import Duty »

hellokhader

New Member

0 Follower

Budget  

Sir, Request is very small 1. min IT slab 5L 2. cut import duty on petrol This was proposed when NDA was in opposition.

2.31 PM Jul 8th

citizen 2011

Silver Member

0 Follower

Politics  

May be to an extent. But who is responsible for increase in Sugar prices to the extent of 10 to 15% ? Only increase in Import Duty. The traders and Sugar Mill owners have taken advantage iof Govt. Policy.

11.27 AM Jul 8th

Gitanjali Gems  

pcj down 10rs today if gold import duty will not change gg will reach 66 this Friday

5.10 PM Jul 7th

C A Chaturvedi

Silver Member

0 Follower

Gitanjali Gems  

Anti-hoarding measures will be more effective than import duty, hence import duty should be abolished

2.30 PM Jul 7th

new1investo
r1

New Member

2 Followers

MM Forgings  

hello anand sir do u u track titan company......if yes then through some light on import duty rates whether they will increase or decrease?

12.16 PM Jul 7th

contrariani
nvestor

Platinum Member

59 Followers

Balrampur Chini  

of the cases. I think they put projects / estimates only to make case for policy decisions like sugarcane pricing / import duty, etc..When monsoon failed in 2012, they cut production estimates which also led to spike in sugar prices. But later the country ended with surplus. Like that they projected 25 million

12.03 PM Jul 7th

Gitanjali Gems  

Gold import duty might get reduced in budget

10.30 AM Jul 7th

C A Chaturvedi

Silver Member

0 Follower

Gitanjali Gems  

Jewellery demand picking up with monsoons reviving in India. Huge potential if gold import duties are cut from 10% presently. Will help free up gold from inventories of stockists who are hoarding gold, hence import won`t be necessary to supply to genuine jewellers like Gitanjali and Tanishq

10.29 AM Jul 7th

josekiss

Platinum Member

744 Followers

Politics  

, tax holidays, import duty hike to keep their monopoly in domestic by influencing the power house by favorable policies... and the same class is making voices for cutting subsidies in the name of fiscal discipline?????? Demolish all the populism whether it benefits Ambani or aam adhmi.! Mukesh Ambani

1.25 PM Jul 5th

dattatraya2
014

New Member

3 Followers

PC Jeweller  

pcj is great ..see it will cross Rs 200 till diwali..dont sell..risk & reward.............todays volume on nse 28 lakh & on bse over 8 lakhs............fund buying seen.govt will roll back or lower import duty on gold,which was eating margin on jewellery & since last few years sector was neglected

7.53 PM Jul 4th

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