Customs duty cuts, levy withdrawals an ongoing process, not linked to global events: FM Sitharaman
Finance Minister Nirmala Sitharaman emphasized that India's process of reducing customs duties and eliminating the equalization levy is ongoing and independent of global events. Simultaneously, President Trump announced a significant 25% tariff on all imported vehicles to boost domestic manufacturing, which may impact international automotive industries.
Finance Minister Nirmala Sitharaman emphasized that India's process of reducing customs duties and eliminating the equalization levy is ongoing and independent of global events. Simultaneously, President Trump announced a significant 25% tariff on all imported vehicles to boost domestic manufacturing, which may impact international automotive industries.
