Gujarat AAR classifies peeled and chopped garlic under HSN 07032000, confirming no GST liability for Purnam Cuisines Pvt ...

Mihai Petre and Cosmin Dincă of EY Romania explain how getting customs essentials right – from classification and origin to valuation – can reduce fiscal exposure and improve operational certainty for ...

A tariff is a tax levied on imported goods when they enter the country. It could be calculated as a fixed amount or a percentage of the price of the goods it’s applied to.

The US effective tariff rate, which measures the revenue raised by duties on goods as a proportion of import value, has been on a downwards trajectory since before the second world war.

Trump's tariff hike threat on Japan is a worst-case scenario for Tokyo. And if Trump follows through, experts believe Japan will have no choice but to respond.

Japan faced a 24% tariff rate in April before the tariff pause, while South Korea had a 25% tariff rate applied to its goods. Trump claimed "longterm, and very persistent" trade deficits were the ...

President-elect Donald Trump claims he can unilaterally impose sweeping tariffs on U.S. imports. The reality is more complicated, according to trade experts.