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Import Export In India EXIM NEWS - EXPORT IMPORT
KVIC implements many schemes for promotion of khadi

For the holistic development and promotion of khadi and village industries in the country, the Government of India has established a statutory body named the Khadi and Village Industries Commission. KVIC implements a number of schemes for development, promotion & growth of khadi which include.

02-August-2014

CIF Bremen Cotton Index stays comparatively firm this week

The company holidays became even more noticeable in the amount of sales during this week. Occasional inquiries of the processing industry were shaped by the expectation that prices for nearby deliveries will follow the development of the New York cotton futures and thus decrease.

02-August-2014

Rupee Weakens Past 61 Against Dollar

The rupee weakened past the 61 mark against the dollar on Friday, tracking weaknesses in other Asian currencies.At 2.52pm, the home currency was trading at 61.14 to the dollar, down 0.94% from the previous close of 60.56. India’s benchmark index, S&P BSE Sensex was trading at 25,676.88 points on BSE, down 0.84%.

02-August-2014

India's Oct-July Coffee Exports Rise 1.5 Pct Y by Y-Board

India's coffee exports in October-July edged up 1.5 percent from a year ago to 263,379 tonnes, the state-run Coffee Board said on Friday, as a drop in Brazil's output boosted demand for the south Asian country's beans.

02-August-2014

Rising Imports By Star Trading Companies Led To Higher Trade Deficit, Alleges Jewellers' Association

On 21st May — five days after UPA's crushing defeat and five days before Modi's swearing-in ceremony — India's gold import rules were changed. This decision, taken by an outgoing government in the fag end of its tenure, is now being challenged in the court of law as it allegedly favours large trading houses, including some of Corporate India's influential business groups.

02-August-2014

Tvs Steps Up Its Two-Wheeler Challenge

The euphoria at Chennai-based TVS Motor over an encouraging rise in market share in the first quarter of 2014-15 was tempered by a financial performance that was below expectations. While its share in the two-wheeler market went up for the first time in two years from 12.1 per cent to 12.6 per cent, the company's profit after tax disappointed analysts by being a big 30 per cent away from estimates.

02-August-2014

Upbeat Auto Market Spurs Demand For Imported Natural Rubber

Natural rubber imports are likely to be much higher this year, as Indian tyre makers find that it is cheaper to source the commodity from the overseas market than to buy it from local suppliers.

02-August-2014

Rupee slumps to 60.80 on capital outflows, dollar demand

MUMBAI : The rupee weakened by 26 paise to 60.80 against the dollar at 10.50a.m. local time. The domestic lost 22 paise to over three-month low of 60.76 against the US dollar in early trade at the Interbank Foreign Exchange market today on increased capital outflows amid demand for the American currency from importers.

01-August-2014

In Cat-and-mouse Game, India Uncovers New Gold Smuggling Route

New Delhi/Singapore: India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world's second-biggest buyer.

01-August-2014

Tea exporters seek refund of value-added tax

Coimbatore : The South Tea Exporters Association has sought the intervention of the Tea Board to help them get the refund of value-added tax on time from the Commercial Tax Department. Association Chairman Dipak Shah said that the outstanding refund from the department has shot up to over Rs 13 crore. With exporters continuing to remit one per cent tax on sales, the refund from the department is mounting. He also said that out of the total exports of 100 million kg tea from the South, close to 70 per cent were done by the members of the association, and on payment of one per cent VAT.

01-August-2014

 
LATEST NOTIFICATIONS
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,

23-April-2013

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),

01-May-2013

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,

04-February-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),

22-March-2013

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,

26-April-2013

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,

10-April-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,

15-April-2013

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,

22-April-2013