EU finance ministers have agreed to end the customs duty exemption for parcels entering Europe from outside the bloc in 2026, two years earlier than initially planned. The current threshold of 150 ...

There is a lot of confusion in the marine industry surrounding duty and sales tax, and their relationship to each other. The truth is they are two separate items — one being assessed on the state ...

In this continued era of protectionist and mercantilist trade policies arising from the United States, there are strategies that can be carefully evaluated and pursued to maximize Customs duty savings ...

This bulletin was originally published on July 11, 2025. It has been updated to reflect changes from an Executive Order published by the White House on July 30, 2025, titled "Suspending Duty-Free De ...

The Budget slashed customs duty not just for big motorcycles with engines above 1,600cc, but even in case of smaller ones, offering relief to those buying imported Honda, Suzuki, Ducati and KTMs. The ...

Central Board of Indirect Taxes & Customs (CBIC) has said that 31 notifications related with Custom Duty have been merged into one to promote ease of doing business. “31 Customs Duty Notifications ...

Indian Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha this week. For the renewable energy sector, particularly solar, the budget supports manufacturing by ...

Mumbai: The Directorate of Revenue Intelligence (DRI) has arrested the proprietor of an import company for allegedly evading customs duty amounting to around Rs 7.7 crore by misdeclaring and ...