The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Compliance Requirements for Health Certificates on food consignments imported from Bhutan, following the implementation of the Agreement signed between the Food Safety and Standards Authority of India ( FSSAI ) and the Bhutan Food and Drug Authority ( BFDA ).
According to a gazette notification issued by the Ministry of Finance today (20 October), the existing customs duty on rice has been reduced from 25% to 15% and the existing regulatory duty has been reduced from 25% to 5%.
India has questioned several moves by China at the World Trade Organisation (WTO), turning the heat on non-transparent subsidies that lead to an influx of low-priced, poor-quality goods into the country, harming its local industries.
Finance Minister Nirmala Sitharaman on Saturday met her Mexican counterpart Rogelio Ramirez de la O and discussed areas of mutual interest and boosting economic ties between India and Mexico.
India’s pulses imports were up 73 per cent in value terms for the first half of current financial year.
The commerce and industry ministry will soon seek Cabinet nod for the standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous people and has temporarily paused some new trade pacts.
With an objective to review and assess the crop performance during the preceding crop seasons and fix crop-wise targets for rabi season, the Union Minister of Agriculture, Shri Shivraj Singh Chouhan inaugurated National Conference on Agriculture for Rabi Campaign 2024 to at NASC Complex, New Delhi.