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India: Duty exemption withdrawn on imports of parts for the manufacture of transformers (Budget 2021-2022)

Description

On 1 February 2021, the Indian Ministry of Finance through Notification No. 04/2021-Customs withdrew an import duty exemption on certain parts for the manufacture of transformers. The increase in duty...

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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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