Global Trade Alert
Global Trade Alert

India: Trade implications of the 2016-17 Budget

Announcement

29 Feb 2016

In February 2016, the government of India announced a change in import duties.

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jun 2016

Revocation date:

No revocation date

Last action: 29 Feb 2016
Import tariff In force
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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Implementation date

01 Mar 2016

Revocation date:

01 Mar 2017

Last action: 29 Feb 2016
Import tariff
On 29 February 2016, India's Finance Minister presented the 2016-17 Union Budget. Implications for trade and commerce from the measures within this budget are summarised below. Provision will be made...
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Implementation date

01 Mar 2016

Revocation date:

01 Mar 2017

Last action: 29 Feb 2016
Import tariff
On 29 February 2016, India's Finance Minister presented the 2016-17 Union Budget. Implications for trade and commerce from the measures within this budget are summarised below. Provision will be made...
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