 "imports, exports")
Apart from raising import duties on hundreds of goods, the government has also added tougher provisions to all Customs rules in order to tighten the screws on imports further.
A string of measures includes specific provisions in rules governing anti-dumping, safeguards, and basic Customs duties.
A case in point, when importing from countries which have already been slapped with anti-dumping duties: an importer may fall foul of the rules if the imported product in an unassembled form is less than 35 per cent of the value addition, compared to its manufacturing cost.
The latest rules also stipulate that for calculation
