Global Trade Alert
Global Trade Alert

India: Import duties increased on certain medical devices

Announcement

19 Jan 2016

The Indian Ministry of Finance withdraw reductions in basic customs duty and additional customs duty on the imports of certain medical devices. At the same time, the basic customs duty was reduced on imports of raw materials and parts for these devices. These amendments are in line the Indian government's decisions to incentivize local production.

Source

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

16 Jan 2017

Revocation date:

No revocation date

Updated: 19 Jan 2016
Import tariff In force

The Ministry of Finance through Notification No. 5/2016-Customs removed an exemption from the additional customs duty of 4% on the import of certain medical devices under HS 9018, 9019, 9020, 9021 ...

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Implementation date

19 Jan 2016

Revocation date:

No revocation date

Updated: 19 Jan 2016
Import tariff In force

Further, through Notification No. 4/2016-Customs, the import duty on parts and accessories used in the manufacture of parts and accessories for goods falling under HS 9018, 9019, 9020, 9021 and 902...

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Implementation date

19 Jan 2016

Revocation date:

No revocation date

Updated: 19 Jan 2016
Import tariff In force

The Ministry of Finance through Notification No. 4/2016-Customs restricted the list of medical devices under HS 9018, 9019, 9020, 9021 and 9022 that attracted a reduced customs duty of 5% when...

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