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Global Trade Alert

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India: Import duty amended on various goods (1 February 2025)

Description

On 1 February 2025, the Indian Ministry of Finance through Notification No. 05/2025-Customs reduced the import duty on certain goods. Six drugs from the applicable rate to 5% until 31 March 2029 (HS...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

02 Feb 2025

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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