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DUTY-FREE IMPORTS FOR HARDWARE

Article Abstract:

The Government of India has announced a special duty- free scheme for the hardware sector. Under the scheme companies would be allowed to import hardware parts such as integrated circuits and sub-assemblies for manufacturing products for export. The exporters should account for such imported items at the end of year to officers nominated by the Department of Electronics of the Government. (gs)

Comment:

India: Allows cos to import hardware parts such as ICs & sub-assemblies for mfg prods for export under special duty-free scheme

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
Duty Suspensions & Reductions, Article

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RUPEE STAYS STRONG AND FIRM

Article Abstract:

Rupee stayed strong in the foreign exchange markets on March 16, 1999 and closed at 42.40/405 against the dollar. Spot trading was dull as dollar traded between 42.4025-42.4075 throughout the day. Euro fell marginally against dollar from 1.0940 to 1.0870. (um)(psr)

Publisher: Bennett, Coleman & Co. Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
Foreign Exchange & Reserves Policy

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