Global Trade Alert
Global Trade Alert

India: Import duty on diamonds and gemstones increased

Announcement

26 Sep 2018

The import duty on diamonds and other gemstones has been increased by 2.5%.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Sep 2018

Revocation date:

No revocation date

Import tariff In force

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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