Tag: CBIC

  • India Gold Peg

    India’s customs board has trimmed the benchmark import value it uses to tax gold even as bullion trades near record highs, while nudging up the floor prices applied to palm oil, soybean oil and brass scrap in the latest turn of its fortnightly valuation cycle. NEW DELHI, Sept. 1: India’s Central Board of Indirect Taxes…

  • India Fuel Levy

    New Delhi nearly doubles export duties on diesel and jet fuel and lifts import benchmarks for gold and palm oil as the US-Iran conflict reignites crude markets. NEW DELHI, July 16, 2026: India has sharply escalated its fiscal defense of domestic fuel supply, nearly doubling the export levies on diesel and aviation turbine fuel in…