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Import Export In India EXIM NEWS - EXPORT IMPORT
Japan Trade Deficit at Record $75 Billion in First Half

Tokyo, Japan: Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.


FDA observation: Ipca voluntarily stops API exports from Ratlam plant to US

MUMBAI/COIMBATORE : Ipca Labs has voluntarily stopped exporting active pharmaceutical ingredients from its Ratlam plant in Madhya Pradesh to the United States.


Rupee up 6 paise against dollar in early trade

Extending gains for the third straight day, the rupee strengthened by six paise to 60.03 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on increased selling of the American currency by exporters.


Central Bank simplifies export norms

New Delhi : The Reserve Bank of India (RBI) said that banks and Exim bank can consider giving post award approvals without any monetary limit in a bid to liberalize and simplify the procedure for export of goods and services - project exports.


Restrictions on gold imports likely to stay

New Delhi : The Government is likely to continue with the checks on gold imports put in place by the previous regime, Finance Minister Arun Jaitley indicated.


India's January-June Iran oil imports climb by a third

NEW DELHI: India's crude imports from Iran rose by a third in the first half of the year, data from trade sources showed, after the shipments were boosted following an interim deal to slow Tehran's nuclear activity and ease Western sanctions.


Honda to make India export hub for manual gears

NEW DELHI: Japan's Honda Motors plans to make India its manufacturing base for supply of manual transmissions to emerging markets across Asia and Latin America, joining the growing list of auto majors that are tapping the country's low-cost manufacturing advantage. The car maker, which lau-nched its multi-passenger vehicle 'Mobilio' in India on Wednesday, plans to use its unit in Rajasthan for manufacture and supply of manual gears to its overseas facilities, Yoshiyuki Matsumoto, managing officer of Honda Motor and representative of development, purchasing & production in Asia and Oceania Region, told ET.


Iron ore conservation not possible though banning exports'

Conservation of iron ore may not be possible through banning or capping exports but by taking recourse to fiscal measures, government today said.


Cotton Crop in India Set for Record as Oilseeds Shunned

Cotton production in India, the world’s second-largest grower, is set to climb to an all-time high as delays in monsoon rains prompt farmers to switch from soybeans and peanuts, the nation’s biggest cotton trader said.


Tea growing area in Nilgiris fallen by 20% in 10 years

In Nilgiris, tea has long ceased to be the drink that brings joy. A crippling fall in green leaf prices that started in the late 1990s has led to a more than 20% reduction in cultivation area. And those affected are a whole community of small tea farmers -a distinguishing feature of the blue mountains where small players continue to play a significant role in tea cultivation as well as in production. The price for green leaf paid by the tea production factories to growers fell from Rs 18 a kg in 1998-99 to Rs 10.30 and further to Rs 7.7 by 2000. It further fell to Rs 5 soon. In the last decade, the price has fluctuated and now stands at Rs 11.


Date for filing the ST-3 return, for the period from Oct'12 to March'13 has been extended from 25th

In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules,


Notification No.58/2012-Customs (ADD)

G.S.R. _(E). –WHEREAS in the matter of Phthalic Anhydride (hereinafter referred to as the subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),


Notification No.1 /2013-Customs (ADD)

G.S.R 65 (E). -Whereas, the designated authority vide notification No. 15/15/2012-DGAD, dated the 24th January, 2013, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 24th January, 2013,


Notification No.02/2013-Customs (ADD)

G.S.R. (E). –WHEREAS in the matter of Meta Phenylene Diamine (hereinafter referred to as the subject goods),


Notification No. 3/2013-Customs (ADD)

G.S.R. (E). -Whereas, the designated authority vide notification No. 15/22/2011-DGAD, dated the 24thFebruary, 2012, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 24th February, 2012,


Notification No. 04 / 2013-Customs (ADD)

G.S.R (E). -Whereas, the designated authority vide notification No. 15/1009/2012-DGAD, dated the 23rd March, 2013,


The Notification of the Government of India in The Ministry of Finance

Issued under sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby assigns the Show Cause Notice F. No. VIII/26/193/2012-DRI & VIII/48/31/2012-DRI dated 04.03.2013 issued by Additional Director General, Directorate of Revenue Intelligence,


Grievance Redressal

S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with paragraph 2.1 of the Foreign Trade Policy,