No more duty-free import of items for solar power: CBIC
Financial Express Lucknow|December 18, 2024
TO PUSH DOMESTIC manufacturing, the government has withdrawn a scheme which permitted duty-free import of goods for solar power generation.
PRIYANSH VERMA & ARUNIMA BHARADWAJ

In an official notification, the Central Board of Indirect Taxes and Customs (CBIC) announced that, effective December 17, goods imported for solar power generation will no longer be permitted to undergo any manufacturing processes or operations within a warehouse—a facility which allows for imported items to be stored without payment of customs duties on an immediate basis.

Bu hikaye Financial Express Lucknow dergisinin December 18, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Lucknow dergisinin December 18, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS LUCKNOW DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Lucknow

Investor confidence powers semiconductor startups

SEMICONDUCTOR STARTUPS ARE riding a wave of increased investor confidence, with total funding in 2024 reaching $21.3 million, according to Tracxn.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

Atul, Rahul Kirloskar to challenge Sebi order on family settlement

ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

Blinkit Launches Large Order Fleet in Delhi, Gurugram

BLINKIT, QUICK COMMERCE arm of Zomato, has launched a large order fleet in Delhi and Gurugram.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

Emerging tech to spur 20% job growth in India

INDIAN IT ECOSYSTEM is poised for a promising growth trajectory in the coming years with emerging technologies expected to witness a 20% increase in new jobs in 2025, Human Resources (HR) platform FirstMeridian Business Services said on Tuesday.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

IT companies set for gradual Q3 recovery with BFSI boost

• Mid-tier IT firms likely to outpace industry majors

time-read
2 dak  |
January 01, 2025
Financial Express Lucknow

ICAI's global networking norms restrictive: Big Five

AROUND 24,000 FIRMS HAD OVER TWO PARTNERS BY FY24-END

time-read
2 dak  |
January 01, 2025
Financial Express Lucknow

World Bank's 'B-Ready' score: Report flags India's challenges

INDIA MAY FACE challenges in achieving good scores on parameters like business entry, labour regulations, and international trade in the World Bank's Business Ready report, according to think tank GTRI.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

Revised standards for organic products soon

India will soon unveil updated standards for organic agricultural products to bring them at par with the latest European Union’s (EU) grade to bring in more clarity and transparency in the processes while strengthening the regulatory oversight through data analytics, a senior official said.

time-read
1 min  |
January 01, 2025
Financial Express Lucknow

Coffee exports surpass $1-bn mark in Apr-Nov

A New High

time-read
2 dak  |
January 01, 2025
Financial Express Lucknow

Capacity of wheat silos to triple in three years

THE GOVERNMENT IS aiming to build 9 million tonne (MT) of wheat silos capacities over the next three years, from a current level of 2.8 MT of state-of-the-art grain storage facilities.

time-read
1 min  |
January 01, 2025