Global Trade Alert
Global Trade Alert

India: Phased Manufacturing Program for the manufacture of hearable devices (Budget 2022-2023)

Announcement

01 Feb 2022

India has announced a gradual increase in import duties on parts for the manufacture of hearable devices.

Source

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Number of interventions

8

6 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Apr 2025

Revocation date:

No revocation date

Updated: 01 Feb 2022
Import tariff In force

On 1 February 2022, the Indian Ministry of Finance notified an increase in the import tariff of certain parts of hearable devices* that will be effective from 1 April 2025. The changes are parts of...

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Implementation date

01 Apr 2024

Revocation date:

No revocation date

Updated: 01 Feb 2022
Import tariff In force

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs notified an increase in the import tariff of certain parts used in the manufacture of hearable devices*. ...

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Implementation date

01 Apr 2023

Revocation date:

No revocation date

Updated: 01 Feb 2022
Tax or social insurance relief In force

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs announced an increase in the import duty of certain parts imported for use in the manufacture of hearable...

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Implementation date

01 Apr 2023

Revocation date:

31 Mar 2024

Updated: 01 Feb 2022
Import tariff

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs approved an increase in the import tariff on parts used in the manufacture of hearable devices* effective...

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Implementation date

01 Apr 2022

Revocation date:

31 Mar 2024

Updated: 01 Feb 2022
Tax or social insurance relief

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs reduced the import duty on certain parts imported for the manufacture of hearable devices* (HS 8518.21, 8...

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Implementation date

01 Apr 2022

Revocation date:

No revocation date

Updated: 01 Feb 2022
Import tariff In force

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs increased the import tariff for USB cables for hearable devices* (HS 8544) from 10% to 15%...

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Updated: 01 Feb 2022
Import tariff In force

On 1 February 2022, the Indian Ministry of Finance through Notification No. 12/2022-Customs increased the import tariff on hearable devices* (HS 8518.21, 8518.22, 8518.29, 8518.30) from 15% to 20%....

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Implementation date

01 Apr 2022

Revocation date:

No revocation date

Updated: 01 Feb 2022
Import tariff In force

On 1 February 2022, the Indian Ministry of Finance, as part of the Budget for the year 2022-2023, notified via Notification No. 12/2022-Customs a Phased Manufacturing Program (PMP) for hearable dev...

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