Global Trade Alert
Global Trade Alert

India: Import tariff changes in the Union Budget of 2013

Announcement

28 Feb 2013

On 28th February 2013, the Indian Government announced the Union Budget 2013 with the following changes in customs tariffs as per Notification No.12/2013-Customs, amending Notification No. 12/2012.

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Number of interventions

3

1 certainly harmful

1 likely harmful

1 liberalising

List of interventions

3 in force

Implementation date

01 Mar 2013

Revocation date:

No revocation date

Import tariff In force

Other Nuts, Fresh Or Dried, Whether Or Not Shelled Or Peeled (HS 0802) are inserted in the schedule with a tariff of 10%, thus reducing it from the the normal 30% tariff. Tariff on de-hulled oat grain...

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Implementation date

01 Mar 2013

Revocation date:

No revocation date

Import tariff In force

The tariff for Steam Coal has been set at 2% and the additional duty has been increased from 1% to 2% (HS 2701) The tariff on Raw Silk (not thrown) (HS 5002) has been increased from 5% to 15%. Specifi...

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Implementation date

01 Mar 2013

Revocation date:

No revocation date

Import tariff In force

Substantial changes in tariff for cars (HS 8703) and motor cycles (HS 8711) have been applied.

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