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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, 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, Oct 14 (Reuters) - India will resume all postal services to the United States from Wednesday after putting in place systems to collect duties upfront, the Department of Posts said, ending a nearly two-month suspension triggered by new U.S. import regulations. Postal shipments to the United States were halted in August after the U.S. administration issued an executive order suspending the "de minimis" exemption that had allowed low-value commercial shipments to enter the country witho ...Read More >
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