Global Trade Alert
Global Trade Alert

India: Rules for imports of goods at concessional import duties liberalized

Announcement

01 Feb 2021

India has liberalized the rules that allow imports of raw materials and capital goods at a concessional duty for the domestic production of goods and services.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

02 Feb 2021

Revocation date:

No revocation date

Updated: 01 Feb 2021
Import tariff In force

On 1 February 2021, the Indian Ministry of Finance through the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021 extended the facility to import goods at a concessio...

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Implementation date

02 Feb 2021

Revocation date:

No revocation date

Updated: 01 Feb 2021
Tax or social insurance relief In force

On 1 February 2021, the Indian Ministry of Finance notified the Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021 expanding the scope of the "Customs (Import of Good...

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