The export of amphotericin-B injections has been classified in the restricted category, noted an official notification issued by the General Directorate of Foreign Trade (DGFT) The government decided on Tuesday to impose export restrictions on amphotericin-B injections in the face of increasing cases of black fungi. Amphotericin-B is used to …
Read More »CBIC Notifies Ad Hoc Customs Exemption On Imports Of COVID-19 Relief
Through Taxscan team – May 31, 2021 11:25 p.m. Annual subscription to Taxscan @ 599 @ 420 + GST * Offer extended until June 30 Annual subscription to Taxscan @ 599 @ 420 + GST * Offer extended until June 30 The Central Council of Indirect Taxes and Customs (CBIC) …
Read More »Allow import and export of activities during lockdown – FMM
KUALA LUMPUR (May 29): The Federation of Malaysian Manufacturers (FMM) urged the government to allow activities in the import and export sectors – including ports, warehousing and freight transport – to be continue throughout the lockout period. In a statement today, he also hopes that manufacturing industries with contractual export …
Read More »Covid Update: GST on Imported Relief Supplies; UK approves J&J vaccine
PUBLISHED MAY 29, 2021 12:53 am IST About the video From unlocking Delhi to the exemption on importing Covid relief supplies, here are the main updates on the coronavirus. Delhi Chief Minister Arvind Kejriwal announced the gradual opening of the capital from May 31. Kejriwal said only construction activities and …
Read More »ITC Dumping Decision Due June 23
WASHINGTON – The International Trade Commission (ITC), which held a hearing this week on the anti-dumping duty case involving consumer tires from South Korea, Taiwan, Thailand and Vietnam, is expected to release its or its decisions on this case on June 23. The case is then referred to the U.S. …
Read More »Groundbreaking Institute for Economic Policy Study Finds Section 232 of Aluminum Tariffs Created Thousands of New Jobs in United States
WASHINGTON, May 26, 2021 / PRNewswire / – Today, in a virtual webinar, the Economic Policy Institute unveiled a revolutionary study this shows the extremely positive economic impact of the aluminum tariffs under section 232. Tom conway, International President of the United Steelworkers (USW), Jesse gary, President of APAA and …
Read More »BMW Group India Contributes Rs. 8 Crore For COVID Relief
The automaker previously pledged to donate Rs. 3 crore and has now added an additional Rs. 5 crore to combat COVID-19.
Read More »Law announced to reduce prescription drug prices
NEWBURGH – On Friday, U.S. Senator Kirsten Gillibrand, a member of the Senate Committee on Aging, stood at the Regional Economic Community Action Program (RECAP) on Broadway in Newburgh to ask for a package of three bills to help reduce the cost of prescription drugs and help ensure that everyone …
Read More »Russia gives Google 24 hours to remove banned content, Telecom News, ET Telecom
By Vladimir Soldatkin and Alexander Marrow Moscow: Russia’s communications watchdog gave Google 24 hours on Monday to remove what it called banned content or be fined and said Moscow could potentially slow down the company’s traffic in the country. Russia has already imposed a punitive slowdown on the American social …
Read More »GST Council May Cut Rates on Oxygen and Medical Equipment
NEW DELHI : The Goods and Services Tax Board will consider reducing the GST rate from 12% to 5% on medical oxygen and related equipment, pulse oximeters and test kits for a limited period to help to reduce the cost of treating covid-19, during its virtual meeting on Friday. The …
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