Directorate General of Foreign Trade (DGFT) issued Notification No. 26/2025-26 dated 22.08.2025 to do Amendment in Import Policy Condition of specific items covered under Chapter 48 of ITC HS, 2022, Schedule –I (Import Policy)
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In a unique case of trade-based money laundering, the Enforcement Directorate (ED) has unearthed an organised syndicate that allegedly managed a one-stop shop for undervalued imports from China for a large number of domestic traders, people familiar with the development said, adding that it has identified illegal remittances of over ₹4,800 crore so far.
DGFT issued Notification No. 9/2025-26 dated 19.05.2025 regarding Harmonisation of Schedule-Il (Export Policy), ITC (US) 2022 with amendments introduced vide Finance Act, 2025
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in cheap imports from China and elsewhere.
