Exchange Rate Notification No.54/2021 – Customs (N.T.)

Exchange Rate Notification

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.51/2021-Customs(N.T.), dated 3rd June, 2021 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange … Read more

Tariff hike: India proposes to raise customs duty on 30 US products

As duties hiked by the US on certain steel and aluminium products would have implications of about $241 million on India, the raise in tariffs proposed by New Delhi too would have an equal implication on America. Earlier in May, India proposed to raise duties by up to 100 per cent on 20 products such … Read more

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