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Import Export In India EXIM NEWS - EXPORT IMPORT
Madagascar’s Sofia region set for major cotton production

Sofia region in northern Madagascar is set to become a major cotton producer as Port Bergé area has attracted Chinese investment, according to an L’Express de Madagascar report.


Plan to import onion may keep prices under check

PUNE: Fear of government action has helped keep onion prices stable in July and traders expect them to rule steady even during most of August.


Rupee slips by 3 paise to nearly 1-week low of 60.13 vs dollar.

MUMBAI: The rupee on Monday ended lower by 3 paise to end at nearly a one-week low of 60.13 against the American currency on month-end dollar demand from importers and banks.


Govt starts dumping probe into chemical imported from China.

New Delhi: The government has initiated a probe into alleged dumping of a chemical, used in paint industry, by China and Switzerland in the domestic market.


India, US to focus on trade policy, commercial ties.

Indo-US trade talks are all set to kick off on July 31. India's World Trade Organisation (WTO) stand on trade facilitation is likely to come up during discussions. There are a host of issues that will be on the table when foreign minister Sushma Swaraj and US secretary of state John Kerry sit down to talk.


Ethanol-blended petrol to cut import bill by Rs. 18K crore.

The NDA government is pushing for ethanol-blended petrol to become a reality, which could bring down India’s oil import bill by an estimated Rs. 18,000 crore a year


Textile Policy Aims to Create 35 Million Jobs, $300 Billion Exports.

New Delhi: An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25 and create additional 35 million jobs by attracting investments.


Govt not to hike import duty on sugar

New Delhi : Rejecting the demand to hike import duty on sugar to 40%, the Finance Ministry said the levy will be retained at the existing level of 15%.


No plan to lower gold import duty : Govt

New Delhi : India, the world's second-biggest gold consumer, does not have any current proposal to cut the record 10 percent import duty on gold, junior finance minister Nirmala Sitharaman said.


Ashok Leyland eyes exports & non-truck business for growth

Induja Flagship Ashok Leyland is focusing on non-truck business and exports. Addressing the media after the company's Annual General Meeting, Vinod K Dasari, Managing Director, Ashok Leyland said, “We want the exports and non-truck business to grow very fast. That will sustain the business and on top of it, we have done enough to reduce our cost, reduce our break-even so that even if our truck business does not come back very quickly, we should not be in trouble.”


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,