Global Trade Alert
Global Trade Alert

India: Duty exemption withdrawn on imports of parts for the manufacture of transformers (Budget 2021-2022)

Announcement

01 Feb 2021

India has withdrawn a duty exemption on the imports of certain parts for the manufacture of transformers.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

02 Feb 2021

Revocation date:

No revocation date

Import tariff In force

On 1 February 2021, the Indian Ministry of Finance through Notification No. 04/2021-Customs withdrew an import duty exemption on certain parts for the manufacture of transformers. The parts include fo...

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Implementation date

02 Feb 2021

Revocation date:

No revocation date

Tax or social insurance relief In force

On 1 February 2021, the Indian Ministry of Finance through Notification No. 04/2021-Customs withdrew an import duty exemption on certain parts for the manufacture of transformers. The increase in duty...

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