India-UK trade agreement rules notified, set to come into force on July 15
The rules in this regard have been issued by the Central Board of Indirect Taxes and Customs (CBIC).
The rules in this regard have been issued by the Central Board of Indirect Taxes and Customs (CBIC).
Piyush Goyal stated that the relationship now extend beyond traditional trade ties including cooperation in technology, investments, defence and critical minerals.
India’s merchandise exports grew by around 15 per cent during the April-June 14 period this year despite global economic challenges, Union Minister for Commerce and Industry Piyush Goyal said on Sunday.
Goyal said that the agreement was finalised and announced before the US Supreme Court's order striking down President Donald Trump's reciprocal tariffs.
Commerce Secretary Rajesh Agrawal said the USTR delegation will be holding talks with Union Commerce and Industry Minister Piyush Goyal and senior Indian officials.
Goyal, while addressing a press conference at the BJP headquarters here, said the revised GST rates -- set to come into effect from September 22, the first day of Navaratri -- mark a transformative moment for the country.
Amid rising concerns over the steep 50% tariff imposed by the United States on Indian goods, Union Commerce and Industry Minister Piyush Goyal urged calm on Thursday, expressing confidence that ongoing negotiations with Washington will help resolve the issues and lead to a fair, balanced agreement.
Addressing the Bharat Nutraverse Expo 2025, the minister said the reduction in GST rates will provide a tremendous and unprecedented boost to consumption demand.
Commerce Minister Piyush Goyal met EPCs and industry bodies to address rising global tariffs, sectoral challenges, and measures to boost India’s exports through quality upgrades, supply chain diversification, and supportive policy interventions.
India will finalize the proposed bilateral trade agreement (BTA) with the US by the fall or November this year, hoped the Commerce and Industry Minister Piyush Goyal on Tuesday.
