Page 14 - Imports

Merchandise export receivables can't be set off against service import dues

You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill

January trade deficit narrows to $14.54 bn, exports rise 6.2% to $27.4 bn

Exports during April-January this fiscal dipped by 13.58 per cent to $228.25 billion

India's crude palm oil import surges 45% in January: Trade body

India's crude palm oil imports in January jumped 44.99 per cent, the Solvent Extractors' Association of India (SEA) said on Friday

DGFT introduces online system for importers to seek tariff rate quota

The commerce ministry's arm DGFT has introduced an online system for traders who seek tariff rate quota for imports

Exports rise 5.37% in Jan to $27.24 bn over growth in pharma, engineering

Exports of pharmaceuticals and engineering grew 16.4 per cent to $293 million

Japan's exports post 1st annual gain in two years over shipments to China

The Ministry of Finance data out on Thursday showed Japan's exports rose 2.0% in December from a year earlier

US remains key forex source for India, accounts for 15-17% of goods exports

China remains the main source of India's imports, with the US at a distant fifth place

Budget seen raising import duties by 5%-10% on dozens of items: Report

Finance Minister Nirmala Sitharaman will unveil the budget on Feb. 1

Both exports and imports record growth in December; first time since Feb

Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December

Government removes import restrictions on room and car fresheners

A notification in this regard was issued by the Directorate General of Foreign Trade (DGFT), under the commerce ministry

Exports decline for second month in a row, trade deficit at ten-month high

Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns

China suspends fish imports from Indian firm after coronavirus detected

China's General Administration of Customs suspended the import of seafood products from an Indian company for one week starting from Friday after Covid-19 was found on the outer packaging

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion

Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020

China looks to 'punish' Australia: Lobsters, wine and coal become targets

China's blacklist -- delivered verbally to commodities traders -- includes coal, barley, copper, sugar, timber, wine and lobster

Sea change in customs clearance as govt addresses complaints over delays

74 per cent of consignments at ports got nod in less than 48 hours on Sunday

Customs clearance regulations making importers nervous

The government has raised import duties on several items and restricted import of many items subjecting them to import licensing

Raghuram Rajan warns against import substitution under Aatmanirbhar Bharat

Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can

United States and Brazil must reduce dependence on China imports: Pompeo

"Each of our two peoples will be more secure, and each of our two nations will be far more prosperous, whether that's two or five or 10 years from now," he added

Fix a sunset date

Open-ended tariff protection will affect competitiveness

DGFT's new rules for AC imports: Right move with little impact, say experts

While companies cannot import gas-filled AC units, there are no curbs on importing similar AC units without refrigerant