Business

Customs Act celebrates 60 years of existence

Mumbai Customs celebrates ‘60 years of Customs Act, 1962’, honours Customs Veterans who risked their lives in service to the nation; Customs Act, 1962, is a well-written, simple and short law which has served us well: CBIC Chairman; “With use of technology and data, our anti-smuggling operations are sharper, we lay more focus on fast cargo turnover and export-import facilitation with proper controls” […]

Business

Steps are taken to reduce Crude Oil import

The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Lok Sabha today informed that the production of crude oil till February 2022 has been 27.16 Million Metric Tonnes (MMT) (provisional) against the target of 31.80 MMT for the current financial year. […]