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Global Trade Alert

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India: Import duty amended on several goods (Budget 2021-2022)

Description

On 1 February 2020, the Indian Finance Minister as part of the 2021-2022 budget announced a decrease in the import duty of steel raw materials under HS 7225 for the manufacture of Cold Rolled Grain Or...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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