Import Duty News - Latest Updates & Headlines
PHDCCI seeks zero duty on import of gold ore concentrate to boost local industry
New Delhi, March 19: The PHD Chamber of Commerce and Industry (PHDCCI) has urged Finance Minister Nirmala Sitharaman to grant permanent zero-rated import duty on gold ore concentrate, aligning it with copper ore concentrate as this would help boost India's gold ore concentrate processing industry and create more jobs in the country.
India cuts import duty on high-capacity motorcycles, boost for US brand Harley-Davidson
New Delhi, Feb 1: In a strong positive signal to the new US administration under President Donald Trump, India has cut import duty on high-capacity motorcycles in the Union Budget 2025-26, which will give a boost to the American brand Harley-Davidson.