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Import Duty

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.
Jul 10, 2014 at 17:29 | Source: CNBC-TV18
The 80:20 rules were the biggest impediment for smooth operations of imports and development of premiums on gold as the export relation to imports had no relevance and had built a big parallel economy," Haresh Soni, Chairman of All India Gems and Jewellery Trade Federation said.
Jul 10, 2014 at 13:31 | Source: CNBC-TV18
Divestment target for FY15 at a little over Rs 43,000 crore. Not too aggressive a target, but government will still have to reform PSUs and then hope that market sentiment remains upbeat. Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent.
Jul 10, 2014 at 13:22 | Source: CNBC-TV18
Big customs duty relief has been given to imported coal. Duty on ships imported for breaking attract lower duty of 2.5 percent. Auto duty cuts extended for six months till December 2014.
Jul 10, 2014 at 10:30 | Source: CNBC-TV18
International markets are also eyeing developments in the second-biggest consumer India, where the new government is expected to cut a record high import duty on gold at the Budget to be presented today.
Jul 10, 2014 at 10:15 | Source: Moneycontrol.com
According to Emkay, Gold prices are expected to remain in a range to down for the day over statement from Fed for ending the QE program and budget announcement over gold import duty in Indian Budget.
Jul 10, 2014 at 10:14 | Source: CNBC-TV18
Jewellery stocks are on buyers' radar on Thursday on hopes that the Finance Minister Arun Jaitley may cut gold import duty in its maiden Union Budget. Gitanjali Gems was up 4.5 percent and PC Jeweller rallied 3 percent.
Jul 10, 2014 at 10:02 | Source: CNBC-TV18
Will this be a Budget for the Street? The removal of infra sector from the ambit of MAT is seen as a big positive for GMR and GVK Power. Also a reduction or removal of customs duty on imported coal will lead to savings in fuel costs for Adani power. Meanwhile a likely excise duty hike for cigarettes will be a negative for ITC.
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

34 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

735 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

2 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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