Import/Export Industry Notifications
10 February 2021
LIVE MINT | Indian Railways registers highest ever monthly figures in freight loading
10 February 2021
According to a statement by the Indian Railways, Indian Railways has registered the highest ever loading figures that is 119.79 MT in January 2021.
10 February 2021
TOI | Customs duty tweaks to push localisation in tyre industry
10 February 2021
The increase in customs duty on carbon black and the reduction in duty on caprolactam will help enhance localisation by tyre companies. The budget has increases customs duty on carbon black to 7.5% and reduced duty on caprolactam to 5%.
10 February 2021
SAKSHI POST | Pulivendula, Anantapur Farmers To Export Bananas Through India's First Fruit Train
10 February 2021
The first of its kind 'fruit train' in the country was flagged off from Tadipatri Railway Station in Anantapur district in Andhra Pradesh on Thursday afternoon. A train from the Guntakal Division was loaded with bananas, for export to Middle East countries, in a Refrigerated (Reefer) Container train from Tadipatri.
10 February 2021
UNIINDIA | Bangladesh to Nepal transit facility allows from India
10 February 2021
India has provided transit facility for export of fertilizer from Bangladesh to Nepal through BBIN connection and progress of sub-regional cooperation through Rahanpur in Chapainawabganj district of Bangladesh and Singabad in India on the railway.
10 February 2021
FRESH PLAZA | Latest threat facing Kashmir's apples
10 February 2021
Iranian apples are being imported first in Afghanistan. These apples are being re-branded as Afghanistan-produced apples, said Bashir Ahmad Basheer, chairman of the Kashmir Valley Fruit Growers-cum-Dealers Union, which represents all fruit traders’ associations in the region. He said trading agents and customers in Delhi’s Azadpur fruit mandi alerted them to the imports. “When a different type of apple consignment reaches the mandi, it is easily discernible to the people there.”
10 February 2021
CHEMEXCIL | Selling of Agrochemicals from SEZ to DTA area- Request for waiver on custom duty or rationalization
10 February 2021
Council receives a representation from the Department of Commerce (DOC) informing that DOC receives a request from one of the Agrochemical manufacturers. The said company has a strong manufacturing base in SEZ (Special Economic Zone) and has invested huge investment in manufacturing and is facing the extensive challenge of survival because of uncompetitive cost.
10 February 2021
MYSTEEL GLOBAL | Removal of import duty on scrap to boost MSMEs
10 February 2021
In a welcome move, import duty on ferrous scrap was removed in the Indian budget presented on 01 Feb '21. The duty that had been set at 2.5% has been exempted up to 31 Mar '22. Also, a voluntary vehicle scrapping policy has been announced to phase out old and unfit vehicles.
08 February 2021
CNBC TV18 | CONCOR: Good for us that part of dedicated freight corridor started, says CMD V Kalyana Rama
08 February 2021
A part of the dedicated freight corridor (DFC) has started. It will bode well for India's Container Corporation, said V Kalyana Rama, chairman and managing director (CMD) of the company, often abbreviated as CONCOR.
08 February 2021
TOI | Lockdown hit Haryana exports by 14%, Punjab 9%
08 February 2021
As India's export of merchandise items declined by 17.53% in April-November 2020 compared to the corresponding period in 2019 because of Covid-19 lockdown restrictions, exports from Haryana shrank by 14%, from Punjab by 9% and from Union Territory of Chandigarh by 6%.
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