Customs Duty
Mint Explainer: Why is the govt weighing a duty cut on cotton imports?
As domestic cotton production hits a five-year low, the government faces a high-stakes balancing act: scrap import duties to keep Indian textiles globally competitive, or maintain them to shield local farmers from a price crash.
4 min read29 Apr 2026Govt mulls customs duty relief on cotton import to support textile industry
Raw cotton imports into India attract a 5% basic customs duty. The government had exempted the commodity from import duty from 19 August to 30 September 2025. This was later extended till 31 December 2025.
2 min read28 Apr 2026In a fillip for e-commerce export, India eases norms for couriers
India has removed the ₹10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and improving turnaround times.
1 min read31 Mar 2026Customs duty collections will grow slower next fiscal. There are two reasons
The budget had projected a 5% growth in customs duty revenue collection in FY27 to ₹2.71 trillion, a moderation from the 11% growth estimated for FY26.
3 min read3 Feb 2026Budget gives 'Make in India' aircraft a push, scraps customs duty on key components
The proposed customs duty exemption on aircraft components in the budget is anticipated to lower costs for manufacturers and airlines, support the growth of the aviation sector, and enhance India's capabilities in aircraft maintenance and production.
3 min read2 Feb 2026Budget 2026: Manufacturing and customs reforms anchor India’s next industrial phase
Budget 2026 sharpens India’s manufacturing push through targeted incentives, customs reform and strategic sector support—aiming to build scale, resilience and deeper integration with global value chains.
3 min read2 Feb 2026Flying back to India? You can now carry ₹75,000 worth of goods duty-free — here's what the new baggage rules say
The Indian government has increased the duty-free limit for travellers to ₹75,000 from ₹50,000. The new baggage rules, effective from 2 February 2026, apply to Indian residents and tourists.
1 min read1 Feb 2026Budget 2026: Extensive duty exemptions on equipment to boost renewable energy ecosystem
The customs duty exemptions aim to reduce costs and enhance competitiveness in domestic energy storage and nuclear power sectors.
2 min read1 Feb 2026Customs duty rate changes for these items — Check current vs new rates in Budget 2026
Finance Minister Nirmala Sitharaman, in her Union Budget 2026 speech on Sunday, announced changes to basic customs duty rates for several items to reduce input costs and promote export competitiveness. Here, we take you through the changes, comparing the old rates with the new ones.
2 min read1 Feb 2026SC allows Adani Power's appeal, sets aside Gujarat HC order over levy of customs duty
The bench said that when the executive continues to enforce, under a new guise, a levy that has been judicially struck down, it acts in defiance of constitutional discipline and erodes public confidence in the rule of law.
2 min read5 Jan 2026Wait for it…
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