Import/Export Industry Notifications
03 February 2021
THE HINDU | Indian industry to get better protection against dumped imports as govt tightens rules
03 February 2021
Indian industry will have better protection against dumped imports from next year as the government is set to tighten measures regarding the imposition of anti-dumping duties (ADD) and countervailing duties (CVD) to check to flout of rules.
03 February 2021
BUSINESS STANDARD | India's exports are on path of quicker recovery: Trade council
03 February 2021
TPCI said on Tuesday that the country's exports, which have recorded a growth of 5.4% in January, reflects the trade has been on the path of a quick recovery. Trade Promotion Council of India (TPCI) Founder Chairman Mohit Singla said that the exports had also recorded positive growth in December 2020. It is a reflection that Indian products have been sustaining their global demand despite challenges.
03 February 2021
DHAKA TRIBUNE | Trade resumes through Benapole port after 2 days’ strike
03 February 2021
After the strike was called off on Tuesday, Import-export through the Benapole port was resumed. Trading through this port started after two days of strike called by the organization "Jeebon Jibika Bachao Committee" of the Petrapole Indian port.
02 February 2021
LIVE MINT | Budget 2021: Govt suspends anti-dumping duty on some steel products from China
02 February 2021
On Monday, the Government of India said that it would temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies.
02 February 2021
BUSINESS STANDARD | Leather products to get costlier after 10% customs duty, say manufacturers
02 February 2021
On Monday, manufacturers said that the imposition of sharp 10% customs duty on the import of finished leather products would increase the price. The hike would also make it challenging for the manufacturers of footwear and other leather products to remain competitive in exports due to higher input costs.
02 February 2021
TOI | Bhusawal freight corridor to aid transport of perishables
02 February 2021
The Bhusawal division of the Central Railways is dedicating freight corridor (DFC). It will connect the east and west corridors. The corridor will make sure timely delivery of perishable goods from the Nashik region to the markets in easter India.
02 February 2021
BUSINESS WORLD | India Cuts Basic Import Duty On Edible Oils
02 February 2021
The primary custom duty on soybean oil and sunflower oil also cut 15% from 35% earlier, Sitharaman said in her annual budget presented for 2021/22 financial year. On Monday, Nirmala Sitharaman, Finance Minister, said India slashed the basic import duty on crude palm oil (CPO) to 15% from 27.5% earlier.
02 February 2021
ABC NEWS | Shipping container shortage hurts Australian exporters, COVID-19 protocols take a toll
02 February 2021
Australian food exporters are caught in a global supply chain crisis as a scarcity of food-grade shipping containers drives up costs and slashes fresh produce's shelf life. After the grounding of international airlines all but crushed the air freight trade, many producers looked to the sea as an avenue to the market.
02 February 2021
LIVE MINT | Steps on infra, customs duty in Budget to promote mnfg, exports: Exporters
02 February 2021
According to exporters, steps announced to develop modern infrastructure and rationalisation of customs duties on multiple products would help promote domestic manufacturing and boost exports. S K Saraf, Federation of Indian Export Organisations President, said that modern infrastructure makes exports competitive as it helps reduce logistics costs.
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