Govt lowers import duty on 'gold findings' to 4%

Last Updated: Thursday, September 20, 2012, 21:41

The government has lowered the customs duty on 'gold findings' to 4 percent from 10 percent, a development which the industry says will promote jewellery exports.

Tax tribunal asks Bharti to pay Rs 700 crore: Report

Last Updated: Friday, June 15, 2012, 10:31

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has asked Bharti Airtel to pay more than Rs 700 crore for unpaid customs duty, a daily newspaper reported on Friday.

Customs duty collection falls 8.8% to Rs 11,594 cr in Apr

Last Updated: Monday, May 21, 2012, 20:26

Collections from customs duty was Rs 12,714 crore in the same period last fiscal, as per official figures.

Excise, customs duties on large, foreign-made vehicles hiked

Last Updated: Friday, March 16, 2012, 19:12

Sedan and foreign-made luxury cars will cost more from April 1, 2012 as Finance Minister Pranab Mukherjee Friday proposed to raise excise and customs duties on large cars as well as imported luxury vehicles.

Budget 2012: Customs duty relief for manufacturing sector

Last Updated: Friday, March 16, 2012, 14:46

The government on Friday announced customs duty cuts for the manufacturing sectors, as part of the measures proposed in the Union Budget for 2012-13.

Dia Mirza fined by Customs for duty evasion

Last Updated: Saturday, January 7, 2012, 10:21

Dia Mirza was fined over Rs 1 lakh for carrying undeclared items worth Rs 2 lakh upon her arrival at the international airport in Mumbai.

No plans to reduce taxes on petroleum goods: FinMin

Last Updated: Friday, November 25, 2011, 17:06

The government on Friday said that it is concerned about frequent hike in prices of petroleum products but does not plan to reduce taxes on oil goods.

Petrol price in India higher than in Pak, Lanka, Nepal

Last Updated: Wednesday, November 23, 2011, 17:59

Petrol in India is not just costlier than in the neighbouring countries Pakistan and Nepal, but its price has also seen higher increase since April last year.

38% of new petrol price reflects central, state taxes

Last Updated: Tuesday, November 8, 2011, 13:49

About 38 percent or Rs 26.22 in petrol price of Rs 68.64 a litre in Delhi is because of central and state government taxes.

Anushka let off by Customs after 9 hrs of questioning

Last Updated: Tuesday, June 28, 2011, 12:56

Anushka Sharma, who was stopped at the international airport here for carrying unaccounted gold, diamond jewellery and other belongings worth Rs 35 lakh, was today let off after over nine hours of questioning, Customs officials said.

Anushka Sharma's baggage verified at Mumbai airport

Last Updated: Monday, June 27, 2011, 17:41

Anushka Sharma, who was reportedly held by the custom officials at Mumbai airport for not paying customs duty for the gold and diamond studded jewelry that she was carrying, has been given a clean chit.