This press release has been updated on 12 February 2026 to include the adopted legislative text. The Council today formally approved new customs duty rules for items contained in small parcels ...
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Budget 2026: What is customs duty, how does it work? Industry's wishlist for Sitharaman
India's Union Budget 2026-27 serves as the government's annual financial roadmap, presented by Finance Minister Nirmala Sitharaman on February 1 (Sunday) to outline revenues, expenditures, tax ...
Analyst Insight: E-commerce brands are operating under a cloud of uncertainty, as customs authorities revisit how small parcels should be taxed, and cross-border shipments experience broad changes in ...
During her Union Budget 2025-26 speech, finance minister Nirmala Sitharaman announced several adjustments in basic customs duty (BCD), including electronic goods. “I propose to revise the basic ...
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