Global Trade Alert
Global Trade Alert

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India: Trade implications of the 2016-17 Budget

Description

An "equalisation levy" of 6% has been proposed to be deducted from payments made, for specified services, to non-resident entities who do not have a Permanent Establishment (PE) in India. All Indian r...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Jun 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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