Topic
duty
Regulations & Compliance DGFT Dispenses with Physical Challans for Voluntary Duty Payments Effective 1 August 2026
The Directorate General of Foreign Trade (DGFT) has removed the physical challan requirement for voluntary duty payments under the Advance Authorisation and EPCG schemes. The change, announced by the Commerce and Industry Ministry, applies to payments made on or after 1 August 2026 and will rely on authenticated digital records.
Trade India's GST at 9: Experts Urge Reforms to Boost Auto Industry Export Competitiveness
As India's GST completes nine years, tax experts urge targeted reforms to resolve inverted duty structures on EVs, legacy cess credits, and refund inefficiencies. These changes aim to boost export competitiveness for India's third-largest automobile market, which contributes 7% to GDP and supports 37 million jobs.
Trade India Imposes Anti-Dumping Duty on Sulphenamides Accelerators from China, EU, US
India has imposed an anti-dumping duty on imports of Sulphenamides Accelerators from China, the European Union, and the United States. The duty, ranging from $75 to $1748 per tonne, will be effective for five years as per a June 19 finance ministry notification based on a DGTR recommendation. Separately, a duty on Polyethylene Terephthalate resin from China was also noted.
Commodities Deputy Proposes 10p/Litre Fuel Duty Cut for Three Months to Ease Cost of Living
Deputy Lucy Stephenson has proposed a three-month reduction in fuel duty of 10p per litre from 1 October to 31 December, aimed at easing cost-of-living pressures. The current duty is 64p per litre. The proposal is set to be considered by the incoming minister for treasury and resources.
Regulations & Compliance India Extends Anti-Dumping Duty on Aluminium Foil Imports
The Indian government has extended the anti-dumping duty on aluminium foil imports from China and three other nations until December 15, 2026. This decision follows requests from companies like Hindalco Industries and SRF Altech.
Trade U.S. Intensifies Tariff Fraud Crackdown on Importers
The U.S. government is intensifying its efforts to combat tariff fraud, targeting importers involved in duty evasion. Recent cases highlight the use of the False Claims Act and whistleblower complaints to address misclassification and undervaluation of imports.
Trade Telangana Advocates for Higher Crude Palm Oil Duty
Telangana has requested the Indian government to increase the import duty on crude palm oil from 16.50% to 44% to support domestic production. The state, leading in palm oil cultivation, argues that higher duties will benefit local farmers.