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Global Trade Alert

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India: Customs duty changes on the imports of certain goods as part of the 2023-2024 budget

Description

On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs reduced the customs duty on raw materials imported for the manufacture of aquatic feed, industrial chemicals...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2023

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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