Announcement
01 Feb 2022
India has announced a phased increase in import duties on parts to manufacture smart watches.
Source
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Number of interventions
6
4 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 wearable smartwatches that will be effective from 1 April 2025. The changes are part...
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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. 11/2022-Customs notified an increase in the import tariff of certain parts used in the manufacture of wearable smart watc...
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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. 11/2022-Customs announced an increase in the import duty of certain parts imported for use in the manufacture of wrist we...
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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. 11/2022-Customs approved an increase in the import tariff on parts used in the manufacture of smartwatches effective from...
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Implementation date
01 Apr 2022
Revocation date:
31 Mar 2023
Updated: 01 Feb 2022
Tax or social insurance relief
On 1 February 2022, the Indian Ministry of Finance through Notification No. 11/2022-Customs reduced the import duty on certain parts imported for the manufacture of wrist wearable smartwatches (HS ...
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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. 11/2022-Customs a Phased Manufacturing Programme (PMP) for wrist wear...
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