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.

The National Board of Revenue, or NBR, has withdrawn all duties and taxes on rice imports, retaining only a 2 percent advance ...

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 ...

Yet, there are some challenges, namely navigating the tax and duties regulations of each country. Failing to adhere to them could cause your shipment to be held up at customs or earn you hefty fines.

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 ...

As rice prices hit intolerable levels due to supply shortages driven by floods, political unrest, and a change in government, ...

In the face of rising prices of onions, the Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government ...

The CBIC on Friday listed out parts or components, such as touch panel, cover glass, LED backlight, which constitute the display assembly of a mobile phone and will attract 10 per cent import duty. It ...

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 Federal Government, through the Nigerian Customs Service, will on Monday (today) ground over 60 private jets owned by very important persons in the country over unpaid import duty running into ...