Explains how the Court ruled that IGST on ocean freight under RCM was illegally collected and must be refunded with interest. Key takeaway: the government cannot retain money collected without ...

A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra ...

The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, pointing to ...

Independent refiners in China have received their first batch of crude oil import quotas for 2026 that can be used for cargoes arriving by the end of the year, trade sources said on Thursday.

To boost farm gate prices of pulses, the government has imposed a 30% import duty on yellow peas used as a cheaper substitute of chana, largely used in the food processing industry from November 1 ...

The U.S. International Trade Commission decided on Friday to hold a new proceeding to determine whether imports of Apple's ...

The November reading of 43.9 marks a steep 9% monthly decline and a widening gap between investors and non-investors. Consumer sentiment weakened in November, as the RealClearMarkets/TIPP Economic ...

President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria. The initiative is aimed at protecting local refineries and ...

President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol. The approval was conveyed in a letter dated October 21, 2025, ...

A fresh fuel price hike looms as President Bola Tinubu has approved a 15 per cent ad valorem import duty on automotive gas oil (diesel) and premium motor spirit (PMS), also known as petrol. According ...

The Nigerian Government has suspended the implementation of a 15 per cent import duty on premium motor spirit and automotive gas oil. The spokesperson of the Nigerian Midstream and Downstream ...

Surprise import fees are landing on doorsteps - along with packages ordered for the holidays - Online shoppers paying import ...