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India’s average tariff augmented to 14.3% in FY21 from 13% in FY15. The country’s policymakers regularly used trade policy measures to boost domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest economy.

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The port handled the highest-ever monthly throughput of 3.20 million tonnes in December 2020, a growth of 10.55 per cent over December 2019

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Leading freight and transport insurer TT Club has renewed its call to shippers and other cargo interests to “take responsibility to ensure the risks are mitigated as Poorly packed containers and shipper misunderstanding of the dangers of some non-hazardous cargo may result in more than $6bn in annual damages to the supply chain.

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The worldwide rice market is grappling with logistical disturbances at major supply ports caused by a lack of shipping containers at the same time a worldwide rush to stockpile food is spurring demand for the staple grain.

Reacting to a request this week from UK Warehousing Association chief executive Peter Ward, officials from the Department for Transport issued a letter to the industry this morning. The UK government has affirmed that freight and logistics industry staff will be considered “essential workers” as the country enters its third national lockdown.

Spices Board has released a fresh list of board officials, who are nominated as authorised personnel to sign the Official Certificate in their respective region. This notification will be effective from 1st January 2021.

Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 28th Feb, 2021.

Trade, Import, and Export for MSMEs- Under AEO, a business engaged in international trade is approved by Customs as compliant with supply chain security standards and granted AEO status and certain benefits.

Central Board of Indirect Taxes and Customs (CBIC) has issued notifications relating to Central Tax under GST.