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New Delhi: Defence Minister Rajnath Singh on Thursday stressed the need for round-the-clock monitoring of the West Asia conflict while calling for a calibrated response to deal with any eventuality to ensure that national interests remain protected. Singh chaired a high-level meeting of the Informal Group of Ministers (IGoM) set-up to monitor the situation in West Asia. In view of the "uncertain situation", the defence minister underlined the importance of round-the-clock monitoring of the situ ...Read More >
As the West Asia war entered its fifth week, the government on Wednesday implemented concessions for Special Economic Zones (SEZs) announced during the Union Budget 2026-27. SEZ manufacturers have been facing pressures amid global geopolitical tensions and the US tariff impact from last year. This "one-time concession" will remain in place from April 1, 2026, to March 31, 2027, the government said. ".. to address the concerns faced by the manufacturing units in the SEZs due to ongoing global tr ...Read More >
New Delhi [India], April 1 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) has introduced a one-time relief measure allowing eligible manufacturing units in Special Economic Zones (SEZs) to sell goods in the Domestic Tariff Area (DTA) at concessional customs duty rates, in line with the announcement made in the Union Budget 2026-27. According to an official statement from the Ministry of Finance, the relief measure aims to address concerns faced by SEZ manufacturing units due to o ...Read More >
New Delhi, Apr 1 (PTI) The Confederation of Indian Industry (CII) on Wednesday welcomed the government's decision to extend the RoDTEP Scheme for all eligible export products till September 30, 2026 and the introduction of a one-time concessional framework for Domestic Tariff Area (DTA) sales by units in Special Economic Zones (SEZs). CII Director General Chandrajit Banerjee said, "Amidst ongoing global trade uncertainty, evolving tariff measures, and persistent supply chain disruptions, busine ...Read More >
New Delhi: The government has announced limited duty concessions to special economic zones (SEZs) for one year to help manufacturing units of these enclaves, hit by weak global demand, sell their goods in the domestic market. The measure takes effect from April 1 and will remain valid until March 31, 2027. As per the notification of the Department of Revenue, goods made in SEZs and sold in the domestic market will face slightly lower Basic Customs Duty (BCD), and in some cases, reduced Agricult ...Read More >
New Delhi, Apr 1 (PTI) The government has announced limited duty concessions to special economic zones (SEZs) for one year to help manufacturing units of these enclaves, hit by weak global demand, sell their goods in the domestic market. The measure takes effect from April 1 and will remain valid until March 31, 2027. As per the notification of the department of revenue, goods made in SEZs and sold in the domestic market will face slightly lower Basic Customs Duty (BCD), and in some cases redu ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday introduced a special one-time relief measure for eligible units in Special Economic Zones (SEZs) to facilitate the sale of manufactured goods to the Domestic Tariff Area (DTA) at concessional rates of duty. The move comes in pursuance of the Union Budget 2026-27 announcement to address the concerns faced by the manufacturing units in the Special Economic Zones (SEZ) due to ongoing global trad ...Read More >
New Delhi, Apr 1 (PTI) The government has announced a one-time special relief measure in the form of certain duty benefits for special economic zones (SEZs), a move which would provide support to units in these enclaves amid global uncertainties. However, the exemption will be available only if the unit in the SEZ had commenced production of goods on or before March 31, 2025, the department of revenue has said in a notification dated March 31. They also have to prove that the goods in respect ...Read More >
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