Import tax, better known as Import Duty is an indirect tax levied by the Central Board of Excise & Customs (CBEC) which is a part of the Depart of Revenue in the Ministry of Finance.

India's Titan reported a 23% fall in second-quarter profit on Tuesday, as a cut in customs duty on gold imports led to ...

Some green tech investors in Europe already have plans to move to the US. View on euronews ...

The NBR reduced the import tax on rice from 62.5% to 2% through two separate statutory regulatory orders (SROs) on 20 October and 31 October ...

Two major contributors of customs duty remained the petroleum sector and imported vehicles during 2023-24. The Federal Board ...

As election day approaches in the US, European investors are worried about the future of America’s green economy. The US and UK are now key markets for European hybrid and electric vehicles.

The National Board of Revenue (NBR) has withdrawn the existing import duty and regulatory duty on onion import for keeping ...

Now, there is no duty on onion import, according to the NBR. Last week, the Bangladesh Trade and Tariff Commission (BTTC) recommended that the NBR provide zero-duty entry to the kitchen staple to cut ...

The Ministry of Information Technology and Telecom has proposed a series of measures aimed at enhancing Pakistan’s IT export potential and fostering a ...

National Foreign Trade Council’s John Pickel argues for keeping de minimis, adding that better technology would help enforce ...

The National Board of Revenue (NBR) yesterday lifted all tariffs on onions to cut import costs and stabilise domestic market prices of the bulb, which is now costing as much as Tk 150 per kilogramme ...

are among the 19 items that will be free from taxes starting January next year. The regulation also scraps import taxes on train part imports and imported components for machinery used by the Defense ...