CBIC
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The Encyclopædia of Indian Retail — revised every hour
0 mentions · last seen 6/5/2026
A multi-day outage of the Customs ECCS system has choked international courier flows at Indian airports, disrupting ~40,000 daily consignments. CBIC's manual clearance directive cushions the blow but threatens delays for cross-border e-commerce and time-sensitive retail supply chains.
BL · Consumer & Economy · 5/30/2026, 1:37:29 PM
A multi-day outage of CBIC's Express Cargo Clearance System has snarled international courier flows at major Indian airports since Thursday. Manual clearance is keeping ~40,000 daily shipments moving, but importers, exporters and cross-border e-commerce sellers face delivery delays into the weekend.
The Hindu BusinessLine · 5/30/2026, 12:13:21 PM
India scraps the 11% customs duty on cotton imports from June 1 to October 31, 2026, easing raw material pressure for textile manufacturers, exporters, and apparel SMEs. Farmer interests are shielded via a higher MSP of ₹8,267/quintal (medium-staple) and ₹8,667/quintal (long-staple), with a ₹557/quintal hike. Sector employs 45 million.
The Hindu BusinessLine · 5/30/2026, 11:48:02 AM
CBIC and DGRI data show illicit cigarette seizures surged to Rs 1,772 crore in the first 11 months of FY21, up from Rs 187 crore in all of FY20. High taxes on legal cigarettes are shrinking ITC's legitimate market share as smuggling from China, Malaysia and Dubai accelerates.
Moneycontrol · News Web · 5/24/2026, 8:56:39 PM
India raised import tariff values on gold by 3.6% to $1,508/10g and silver by 7.9% to $2,810/kg, effective May 16. Stacked atop the 15% customs duty (up from 6%), the move pressures jewellery retailers like Tanishq, Titan and Kalyan Jewellers to pass costs to consumers ahead of wedding season.
ET Small Business · 5/15/2026, 7:34:21 PM
India raised gold and silver import duty from 6% to 15% effective May 13, 2026, prompting DRI and Customs to intensify enforcement across land and coastal routes. Syndicates in Maharashtra, Tamil Nadu, Gujarat, West Bengal and northeastern transit states are under the scanner, with 2,600 kg and ₹254 crore in recent seizures cited.
The Hindu BusinessLine · 5/13/2026, 8:58:31 AM