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India: Import duty increased on silk and cotton waste (Budget 2021-2022)

Description

On 1 February 2021, the Indian Ministry of Finance through Notification No. 15/2021-Customs increased the import duty on Raw Silk (not thrown) and on Silk Yarn from 10% to 15%  (HS 5002, 5004, 5005, 5...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

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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