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Tag Archive for 'import'

How Does The Depreciating & Appreciating Rupee Affect / Impact Imports & Fuel Prices?

Import goods to India

In our last article we told you how the Depreciating and the Appreciating rupee affects Exports. The analysis is similar for Imports to but as you might have guessed already its just the opposite. We will do this analysis of imports using a company that deals in crude oil. Thus you will be able to […]

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Wagh Bakri asks for lower import duty on Tea

Wagh Bakri Logo

An increase of Rs 12 per kg in various categories of tea occurred on Monday when the Wagh Bakri Group had their second increase in tea price. The company is India’s third largest tea packager. The company had urged the Centre to reduce duty on imported teas so that it would be cheaper in the […]

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Tax Cut On Imported Cars In Maharashtra

It’s good news for the car industry since the Maharashtra government had decided to cut the vehicle tax both on company owned vehicles and imported vehicles. The tax will now be 20% of the cost of the vehicle. This would mean that the price of cars will now be cheaper compared to what it was […]

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Govt. Changes Import Duties Of Gold And Silver

Gold and Silver import duties changed

The Government has changed the import duty on both gold and silver. Silver import duty decreased a 6% from its previous value, Rs 1,500 per kilogram and import duty on gold altered a 2% value from its earlier Rs 300 per 10 grams. This announcement has brought a lot of changes in the market for […]

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