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Global Trade Alert

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India: Import duty on diamonds and gemstones increased

Description

On 26 September 2018, the Indian Ministry of Finance through Notification No. 68/2018-Customs increased the import duty on gemstones and diamonds from 5% to 7.5%. The products covered under the Notifi...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

27 Sep 2018

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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