Announcement
14 Oct 2011
In October 2011, the government of India announced a change in import duties on crude oil and its by-products.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
25 Jun 2011
Revocation date:
No revocation date
Updated: 14 Oct 2011
Import tariff
In force
The Indian Ministry of Finance reduced the import customs duty on crude oil from 5% to 0% and on petroleum products from 7.5% to 2.5%.
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