Global Trade Alert
Global Trade Alert

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India: Customs duty amendments announced as part of 2026-2027 budget

Description

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, exempted the customs duty on the imports of raw materials (any HS chapter) for the manufacture of parts of airc...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

02 Feb 2026

Revocation date

31 Mar 2028

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

state-controlled

Affected Trading Partners

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Affected Sectors

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Affected Products

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