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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, reduced the customs duty on the imports of Monazite (HS 2612.20) from 2.5% to Nil. The amendment is effective f...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

02 Feb 2026

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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