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Customs News - Latest Updates & Headlines

Abu Dhabi's non-oil foreign trade records 9 pc growth in 2024

Abu Dhabi, April 7: Abu Dhabi Customs reported a 9 per cent increase in the emirate's non-oil foreign trade in 2024, reaching AED306 billion, compared to AED281.9 billion in 2023, reflecting the vitality of the emirate's economy and its growing relations with trading partners around the globe.

Israel cancels all import duties on American-made goods

Tel Aviv, April 2: At the directive of Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich and Economy and Industry Minister Nir Barkat, Israel has cancelled all of the customs duties - tariffs - that have been levied until now on products from the US, Israel's largest trading partner.

Nestle India faces Rs 69 lakh tax penalty

Mumbai, March 26: Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962.

Dubai Customs launches 'Basma' Award to foster innovation, protect intellectual property

Dubai, February 16: In alignment with the UAE's "Year of Community" goals, which focus on skill development, talent nurturing, and fostering innovation across various fields, and as part of its commitment to promoting a culture of creativity and innovation while raising awareness about the protection of intellectual property rights and combating infringements, Dubai Customs has launched the "Basma (Imprint)" Award.