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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, granted a temporary tax concession to public sector entities under the Ministry of Defence for the maintenance,...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2026

Revocation date

31 Mar 2028

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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