India set to gain from US tariffs on timber, lumber, kitchen cabinets

Once implemented, the new tariffs, ranging from 10% to 25%, will replace the current 50% duties that India is facing. The United States (US) administration’s decision to impose new tariffs on items such as imported timber and lumber, kitchen cabinets, bathroom vanities and upholstered furniture may help Indian exporters become more competitive in the American […]

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Government extends export incentive scheme until March 2026

The Government on Tuesday announced the extension of fiscal benefits under the RoDTEP scheme for exports for six more months until March 31, 2026, amid a 50% tariff imposed by the United States (US) on Indian imports.  “…The Central Government hereby notifies the extension of the RoDTEP Scheme beyond 30.09.2025.  Accordingly, the RoDTEP Scheme shall […]

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