Customs duty rates often undergo revisions in the Budget, reflecting the government's response to current economic challenges, industrial priorities, and geopolitical scenarios ...
In this continued era of protectionist and mercantilist trade policies arising from the United States, there are strategies that can be carefully evaluated and pursued to maximize Customs duty savings ...
Recent pre-budget talks highlight customs duty reforms as a game-changer because India's current complex structure, with over eight slabs (0-40%+), thousands of exemptions, and inverted duties ...