In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry
Turkey's Steel Exporters' Association (CIB) chairman Namk Ekinci stated on January 7 that the UAE will maintain its five percent import duty on rebar for rebar cutters and benders according to the announcement made by Dubai's official trade ...
Tags: Turkey, UAE, rebar, rebar cutters, steel market
India has imposed an import duty of 20 percent on hot rolled flat products of stainless steel grade 304, up to a maximum width of 1,605 mm, from China, according to India's Central Board of Excise and Customs. Entering into force on ...
Zawya reported that the United Arab Emirates has announced a 5% import duty on all Turkish reinforcing bar effective from January 5 without exemption, a move that effectively blocks one of Turkey's largest seaborne export markets for the ...
Tags: United Arab Emirates, import duty, t seaborne export markets, Turkey
According to Turkey’s Official Gazette, import duties on certain flat steel products have been increased effective as of December 31, 2012. According to the statement, the zero percent import duty rate on flat strip and flat rods ...
Tags: Turkey, Official Gazette, flat steel products, 2012
Massive modernization and expansion plans have already been launched in Steel Authority of India Limited and Rashtriya Ispat Nigam Limited for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 ...
Tags: Steel Authority of India Limited, Rashtriya Ispat Nigam Limited
Anatolia News Agency reported that Turkeys iron and steel sector has been left up in arms by a recent United Arab Emirates decision to impose tariffs on Turkish steel imports. Mr Veysel Yayan secretary general of the Turkish Iron and ...
Tags: Import, steel sector, UAE market
Thai paraxylene producer PTT Aromatics and Refining has concluded its 2013 term supply contracts at a premium of around $14/mt, up from last year's $9/mt, a company source said Wednesday. The producer settles its annual supply contracts ...
Tags: Chemicals, PTTAR, paraxylene, PTT Aromatics
Looking to draw maximum investment in the state’s textile sector during the Global Investors’ Meet slated to be held in 2014, Karnataka state government plans to release Textile Policy 2013-18 early next year, the State Chief ...
Tags: Textile Policy, Textile, textile sector, textile entrepreneurs
The Government of Bangladesh has demanded rollback of the 17.5 percent duty levied by Turkey on readymade garment (RMG) imports from Bangladesh, claiming that the levy has badly impacted its sales to European countries. The demand was ...
Tags: readymade garment, RMG, apparel exports, exports of knitwear
Apparel Export Promotion Council (AEPC), a leading body of Indian apparel exporters, today proposed measures to hike garment exports by 100 percent in 3 years, and 10 percent in the current fiscal year. Dr. A Sakthivel, Chairman AEPC, on ...
Tags: AEPC, apparel exporter, garment exports
Sri Lanka, one of the key export destinations for Indian auto manufacturers, has raised import duty on vehicles, making companies jittery just as the government looks to take up the matter. Sri Lanka has increased import duty on ...
Tags: Sri Lanka, auto market, India, car industry
(i)Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and Export Commodity ...
Tags: Xinjiang Uygur Autonomous Region, survey, economy, investment
India has imposed a 10%import duty on raw sugar,in response to the surplus production in the country. This move comes after the zero duty regime expired on 30 June.The decision is not expected to have any impact demand-supply in the local ...
Tags: import duty, raw sugar, zero duty regime, surplus production
Eyeing to boost its retail presence in India, Lifestyle International would invest four billion rupees in India over the next three years, company's Managing Director Kabir Lumba said while speaking on the sidelines of India Retail Forum. ...
Tags: Lifestyle International, IKEA, retail