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The Union Budget 2023-24 might witness a hike in customs duty for dozen of items

For budget 2023-24, the government has decided to hike customs duty on a dozen products across sectors: electronics, steel, industry,…
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Customs duty on imports of Covid-19 vaccines is exempted till March 31

In a notification, the CBIC (Central Board of Indirect Taxes) stated that the government has exempted customs duty on imports…
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India’s industrial and warehousing sector demand bolsters: Report

According to a report by Colliers, the year 2022 has been good for the industrial and warehousing sector as it…
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New shipping board is formed to stabilize tariff at major ports, adjudicate PPP Disputes

The MoPSW (Ministry of Ports, Shipping, and Waterways) has plans to set up a Major Port Adjudicatory Board that will…
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Container spot freight rates are up for the first time in 43 weeks

Drewry’s WCI (World Container Index) rose to 0.7% for the first week of Jan 2023, showing a fall in the…
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India and Bangladesh to discuss free trade pact agreement

India and Bangladesh have started negotiations for an FTA (Free Trade Agreement) to boost two-way commerce and investments. A joint…
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