custom duty Archives

News Reports

Directorate of Revenue Intelligence detects Rs 2,217 crore customs duty evasion by Vivo Mobile India, had earlier found tax evasion by Oppo

OpIndia Staff - 3 August, 2022

During raids at manufacturing plants of Vivo Mobile India, DRI detected tax evasion of Rs 2,217 crore

News Reports

Directorate of Revenue Intelligence searches premises of Oppo India, a Chinese subsidiary, finds tax evasion amounting to the tune of Rs 4,389 crore

OpIndia Staff - 13 July, 2022

DRI conducted searches at the premises of mobile company Oppo India and found evidence of the firm evading customs taxes

News Reports

Sonam Kapoor’s husband accused of evading tax and duties, gets caught by a shipping company for doctored invoices

OpIndia Staff - 13 February, 2022

Sonam Kapoor's husband Anand Ahuja accused of understating invoice in a bid to evade taxes and duties.

News Reports

Raids by DRI find that Indian subsidiary of Chinese phone maker Xiaomi evaded Rs 653 crore in customs duty, notices served for recovery

OpIndia Staff - 5 January, 2022

Xiaomi India evaded customs duty by not including the royalty and license fee paid to Qualcomm and parent company in assessable value

Government and Policy

Commerce Ministry recommends lowering limits on import of duty-free alcohol and tobacco, is it contrary to global norms?: Here are the facts

OpIndia Staff - 20 January, 2020

The Commerce Ministry has reportedly recommended a restriction on the purchase of tax-free alcohol at duty-free shops to one bottle

News Reports

25 tonnes of Quran sent from Saudi Arabia to be auctioned on January 21 at Container Terminal in Kochi

OpIndia Staff - 10 January, 2020

25000 kgs of Quran to be auctioned at Kochi port after Arabic college refuses to pay import duty to clear it

News Reports

Rajya Sabha passes resolution imposing 200% customs duty on Pakistani goods

OpIndia Staff - 8 July, 2019

In February 2019, Government of India had decided to impose a 200% customs duty on all the goods imported from Pakistan.

Government and Policy

Union Budget 2019: Govt imposes 10% custom duty on newsprint and 5% on printed books to encourage domestic industry

OpIndia Staff - 6 July, 2019

The duty would be levied on both the uncoated paper used for printing of newspapers and lightweight coated paper used for magazines.

News Reports

Hundreds of trucks with shipments from Pakistan stranded at Wagah border due to import duty hike to 200%

OpIndia Staff - 24 February, 2019

Due to hike in customs duty on Pakistani imports, Indian importers are not able to clear the shipments

Economy and Finance

After withdrawal of MFN status, basic customs duty on goods exported to India from Pakistan raised to 200%

OpIndia Staff - 16 February, 2019

After the withdrawal of MFN from Pakistan, basic customs duty on all goods exported from Pakistan to India has been increased to 200% with immediate effect

custom duty

Latest News

Recently Popular

About us

Follow us