Imports

Exemption of IGST on imports of specific COVID-19 relief material: Which are these items

Exemption of IGST on imports of specific COVID-19 relief material: Which are these items

Due to requests from charitable organisations, corporate entities, and other associations/ entities, the finance ministry has exempted IG...Read More

COVID-19 relief material: Exemption of IGST on imports of such goods till June; uncleared goods lying with Customs to be exempted

COVID-19 relief material: Exemption of IGST on imports of such goods till June; uncleared goods lying with Customs to be exempted

Due to requests from charitable organisations, corporate entities, and other associations/ entities, the finance ministry has exempted IG...Read More

COVID-19: Customs to clear life-saving drug, oxygen equipment imports on highest priority

COVID-19: Customs to clear life-saving drug, oxygen equipment imports on highest priority

The finance ministry's CBIC has directed its field officers to clear all import consignments, including life-saving drugs and oxygen equi...Read More

India likely to waive customs duty on COVID-19 vaccine imports

India likely to waive customs duty on COVID-19 vaccine imports

The government is likely to waive 10 per cent customs duty levied on imported vaccines in a bid to keep low the cost of overseas vaccines...Read More

India's March merchandise exports rises by over 60% YoY

India's March merchandise exports rises by over 60% YoY

The country's merchandise exports during the month under review increased to $34.45 billion as compared to $21.49 billion in March 2020.

No trade with India: Pakistan Prime Minister Imran Khan

No trade with India: Pakistan Prime Minister Imran Khan

Sajjad Hussain Islamabad / New DelhiPM Imran Khan decided Pakistan can­not go ahead with any trade with India under the current circum­st...Read More

Exports up 0.67 pc in Feb; trade deficit widens to $12.62 bn

Exports up 0.67 pc in Feb; trade deficit widens to $12.62 bn

Imports rose by 6.96 per cent to USD 40.54 billion in the month, the data showed. The trade deficit in February 2020 was at USD 10.16 bil...Read More

India's Feb YoY merchandise exports slips but trade deficit widens

India's Feb YoY merchandise exports slips but trade deficit widens

Accordingly, the country's merchandise exports during the month under review grew to $27.67 billion from $27.74 billion in January 2020.

India's YoY merchandise exports, imports rise in Jan

India's YoY merchandise exports, imports rise in Jan

The country's merchandise exports during the month under review grew to $27.45 billion from $25.85 billion in January 2020.

Exports up 10.3% during Feb 1-8: Official

Exports up 10.3% during Feb 1-8: Official

Imports too increased by a marginal 0.7 per cent to USD 9.84 billion during the week, the official added. The trade deficit narrowed to U...Read More

Exports up 11 pc during Jan 1-14: Official

Exports up 11 pc during Jan 1-14: Official

Imports during January 1-14 this year too increased by 6.58 per cent to USD 18 billion as against USD 16.91 billion in the same period of...Read More

Exports dip 9 pc in Nov; trade deficit narrows to USD 9.96 bn: Govt data

Exports dip 9 pc in Nov; trade deficit narrows to USD 9.96 bn: Govt data

Imports also slipped 13.33 per cent to USD 33.39 billion in the month under review.

Gold imports improve in Oct, down 47% so far in FY21

Gold imports improve in Oct, down 47% so far in FY21

The overall imports of gold during the ongoing financial year, however, continued to be significantly lower than the last fiscal due to ...Read More

China halts imports of seafood products from Indian firm: Report

China halts imports of seafood products from Indian firm: Report

China's General Administration of Customs suspended the import of seafood products from an Indian company for one week starting from Frid...Read More

Gold imports down 57% to USD 6.8 bn in H1 FY21

Gold imports down 57% to USD 6.8 bn in H1 FY21

In the corresponding period a year ago, gold imports stood at USD 15.8 billion (about Rs 1,10,259 crore).

Indian imports from 10 key partners can go up by USD 21 billion, export headroom at USD 17 billion

Indian imports from 10 key partners can go up by USD 21 billion, export headroom at USD 17 billion

Indian imports from key trading partners can rise by USD 21 billion, while the set of 10 countries represent an export headroom of only U...Read More

India's August merchandise exports slump by over 12%

India's August merchandise exports slump by over 12%

The country shipped out merchandise worth $22.70 billion in the month against $25.99 billion exported during the like period of the previ...Read More

Exports in September first week jump 13% to $6.12 billion

Exports in September first week jump 13% to $6.12 billion

At the same time, imports declined by 21.37 per cent to 6.85 billion dollars. Consequently, the deficit during September 1 to 7 worked ou...Read More

Govt frames norms for enforcement of 'rules of origin' for imports under FTAs

Govt frames norms for enforcement of 'rules of origin' for imports under FTAs

The new norms have been framed with a view to checking inbound shipments of low quality products and dumping of goods by a third country ...Read More

Sequential contraction in India's merchandise exports eases in July

Sequential contraction in India's merchandise exports eases in July

The contraction, caused by Covid-19 pandemic, narrowed down to (-) 10.12 per cent in July from (-) 12.41 per cent in June.

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