Page 6 - India Imports

Soaring imports to push India's CAD to 1.9% this fiscal year : Report

Trade deficit--the difference between a country's imports and exports -- has been rising and remains sticky

India's October YoY merchandise exports up by 43%, imports rise 62%

The data by the Ministry of Commerce and Industry showed that in comparison to October 2019, last month's exports rose by 35.89 per cent.

India's trade deficit surges 675% on high imports; exports up 21%

The trade deficit in September was at $22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion

Amid tapering fears, rising imports, rupee to face pressure next week

Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.

Hit by Covid-19, India's edible oil imports seen at lowest in six years

MUMBAI (Reuters) -India's imports of edible oil could fall to their lowest in six years, contracting for a second straight year because of the coronavirus outbreak and demand squeezed by record prices, a senior industry official said on Wednesday.

IT hardware companies call for more benefits under govt's PLI scheme

Global brands find import of laptops, tablets cheaper than making in India

Exports hit record high of $35 bn in July; up 34% over pre-Covid level

Exports during April-July 2021 were $130.56 billion, up by 73.86% over the same period a year ago and up by 21.85% over the same period of 2019

SME Chatroom: Destruction of goods warrants reversal of input tax credit

Submit copies of correspondence with the buyer to the bank explaining the reasons for the inward remittance

Success in exporting goods

Firms in India have much to gain by prioritising the export sector, either directly by exporting or by selling to exporting firms

Soaring digital thermometer import shows Covid-19 pandemic reading

Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted

India's exports grow 47% to $32.4 bn in June; trade deficit at $9.4 bn

"Exports during the April-June period are the highest ever merchandise exports in a quarter in history of India," Commerce and Industry Minister Piysuh Goyal said

Traders see little impact of edible oil duty cut as global mkts offset move

India is heavily dependent on imports for meeting its domestic edible oil requirements.

India cuts crude palm oil import tax, potentially boosting imports

The lower tax rate will apply from June 30 to September 30, the government said

Individuals need not obtain IEC to import for personal use: Expert

The Customs can refuse permission under Section 46(5) if the interests of revenue are adversely affected.

India imports bauxite worth Rs 390 crore until Jun 10: IIVCC

This, despite its position as the country with the fifth-largest deposits of the mineral in the world

Govt considering edible oil import tax cut to lower prices, says report

The government will make a final decision to cut the taxes sometime this month

Google tax: US imposes tariffs on India, but with six-month delay

Following the consultation, the USTR has decided to impose a tariff of up to 25 per cent ad valorem on aggregate level of trade on a slew of Indian products

Covid-related imports not exempt from IGST if payment made: Expert

GST will be payable whether you buy from a party abroad or from a local supplier

Ahead of kharif sowing season, govt allows free import of 3 types of pulses

Move aimed at controlling the spiralling prices of pulses; all consignments have to come by Nov 30, before the new local crops arrive

Import dependence

India must attain self-sufficiency in edible oils