Tag: Oil & Gas

  • Gold Tax Jolt

    India lifts the customs tariff value of gold to a record 1,500 dollars per 10 grams, raising the effective import tax base as bullion prices surge ahead of the festival season NEW DELHI, August 29, 2026 India has sharply raised the benchmark price on which customs duty on imported gold is calculated, lifting the tariff…

  • Oil Duty Shock

    Russia nearly doubles its September export duty on sunflower oil, rattling global vegetable oil markets and raising costs for buyers from India to Georgia MOSCOW, August 29, 2026 Russia has set its export duty on sunflower oil at more than 14,300 rubles per tonne for September, nearly double the August rate and more than four…

  • Russia Oil Duty

    Moscow sharply raises September export duties on sunflower oil and sunflower meal, nearly doubling the oil levy for the second consecutive month and rattling edible oil buyers from Mumbai to Istanbul. MOSCOW, August 28, 2026. Russia has announced a steep increase in export duties on sunflower oil, sunflower oil mixtures, and sunflower meal for September…

  • India Gold Levy

    India’s indirect tax board has lifted the benchmark customs value used to tax gold imports, tightening the duty floor under the world’s second largest bullion market at a moment of record global prices, a steep new 15 percent import duty, and a widening national trade deficit. NEW DELHI, August 28, 2026. India’s Central Board of…

  • Meal Duty Hike

    Russia’s Agriculture Ministry has raised the September export duty on sunflower meal more than sixfold, jolting a feed ingredient trade that stretches from Chinese hog farms to Turkish poultry integrators just as a record Russian sunflower harvest comes into view. MOSCOW, August 27, 2026. Russia’s Ministry of Agriculture on Monday announced a steep increase in…

  • Gold Duty Jump

    India’s customs board has lifted the notified base value used to tax gold imports to a record 1,500 dollars per 10 grams, tightening the squeeze on the world’s second largest bullion market just as global prices flirt with all time highs. NEW DELHI, August 27, 2026. India’s Central Board of Indirect Taxes and Customs (CBIC)…

  • Asia Duty Wave

    From Taipei to Kuala Lumpur, Asian governments unleash a synchronized surge of anti-dumping actions as redirected Chinese steel floods regional markets shut out of the West SINGAPORE, Aug. 26: A wave of trade remedy actions is sweeping across Asia and beyond, as governments from Taiwan to Malaysia to Saudi Arabia race to defend domestic steel…