The Ministry of Finance corrects a customs notification, revising tariff item “20042110” to “22042110” in Notification No. 50/2024, dated December 30, 2024.
MoCA shares details on the GST exemption for foreign airlines services based on 2024 recommendations, with updates on designated airlines and conditions.
Govt extends provisions under Excise Notification 11/2017 from 2025 to 2026. Changes take effect on February 2, 2025.
Govt amends Customs Notification 153/94, updating classifications under chapters 86, 88, and 89. Changes effective from February 2, 2025.
Govt modifies Customs Notification 19/2019, updating classifications for ammunition imports. Changes effective from February 2, 2025.
Budget 2025 amends notification to exempt more capital goods from basic customs duty for lithium-ion battery manufacturing for mobiles and EVs.
Budget 2025 amends Customs Notification No. 57/2017 to revise BCD rates on inputs/parts for mobile phone manufacturing and high-tech telecom equipment.
Budget 2025 amends Notification No. 16/2017-Customs, exempting specific drugs supplied under Patient Assistance Programs by leading pharmaceutical companies.
Govt revises import duties under Notification 08/2025, affecting goods like motor vehicles, PVC products, and footwear. Changes take effect from February 2, 2025.
Govt revises customs duties under Notification 07/2025, affecting goods like vehicles, jewelry, medical equipment, and electronics. Effective February 2, 2025.
