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Nil Cvd

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Budget has no good news for pharma sector

Budget provisions: Excise duty on formulations has increased from 4 per cent to 5 per cent. Imposed MAT on developers of Special Economic Zones as well as units operating in SEZs. Minimum......

Capital Goods: Boost from ultra mega power projects

Union Budget 2015-16 have put out broad milestones/goals to be achieved by 2022 and this may translate into greater opportunity for the sector but it was silent on how the hurdles on the path will......

Branded jewellery hit by 1% excise duty

Budget ProvisionsAn import duty structure of 'Nil basic customs duty, CVD of Rs 140 per 10 gram and Nil SAD is being prescribed for gold dore bars having gold content not exceeding 80 per cent,......

IEEMA seeks customs duty at 10 per cent

The Indian Electrical and Electronics Manufacturers' Association (IEEMA), the apex representative association of Indian electrical equipment industry, in its pre budget memorandum wish list has......

Customs duty hike on imported steel to benefit steel players

The following announcements have been proposed in the Union budget 2015-16   Basic Customs Duty on metallurgical coke is being increased from 2.5% to 5%.   The tariff rate of......

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