Category: Customs
Union Budget 2026-27 proposes wide-ranging customs duty and customs law amendments impacting tariffs, exemptions, warehousing, surcharges, and trade facilitation. Read a detailed analysis.
Explore indirect tax changes in Finance Bill 2026 covering customs, GST law amendments, export facilitation, and SEZ measures.
Finance Bill 2026 presented in Parliament. Read key direct/indirect tax proposals, GST changes and highlights of Union Budget 2026-27.
Budget 2026 may prioritise tax simplification, with experts calling for a single income tax regime and rationalised customs duty rates.
Ahead of Budget 2026-27, industry expects customs reforms including duty slab reduction, correction of inverted duties, and faster clearances.
BMW India says lower customs duty on imported cars under the India-EU FTA could help grow India’s small luxury car segment without hurting mass markets.
The Finance Ministry raises customs duty on flat panel displays to 20% and cuts duty on components to promote domestic electronics manufacturing under Make in India.
GTRI calls for a simpler customs duty structure in Budget 2026-27, urging fewer tariff slabs and clearer import duties to support trade, manufacturing, and exports.
India’s customs system needs reform to improve efficiency, transparency, and trade facilitation. Learn why tariff rationalisation and procedural simplification are critical.
Amid economic uncertainty, tax experts seek a one-time settlement scheme under the Customs Act to resolve disputes and unlock blocked revenue.