Global Trade Alert
Global Trade Alert

India: Phased Manufacturing Program for the manufacture of smart watches (Budget 2022-2023)

Announcement

01 Feb 2022

India has announced a phased increase in import duties on parts to manufacture smart watches.

Source

Sign in to access

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

Announced: 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 parts o...
Sign in to see more

Implementation date

01 Apr 2024

Revocation date:

No revocation date

Announced: 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 watches...
Sign in to see more

Implementation date

01 Apr 2023

Revocation date:

No revocation date

Announced: 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 weara...
Sign in to see more

Implementation date

01 Apr 2023

Revocation date:

31 Mar 2024

Announced: 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 1 ...
Sign in to see more

Implementation date

01 Apr 2022

Revocation date:

31 Mar 2023

Announced: 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 851...
Sign in to see more

Implementation date

01 Apr 2022

Revocation date:

No revocation date

Announced: 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 wearabl...
Sign in to see more

Threads

See all

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14541

interventions

186

jurisdictions

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70857

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Iron & Steel

This Thread tracks harmful trade policy interventions affecting iron and steel products since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to iron and steel, including fabricated metal products.

Published: 09 Jan 2025

5951

interventions

126

jurisdictions

Harmful Trade Policy Interventions: Batteries

This Thread tracks harmful trade policy interventions affecting batteries since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to cells and batteries, electric accumulators or generators.

Published: 09 Jan 2025

2117

interventions

96

jurisdictions

BRICS: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by BRICS members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 13 Jan 2025

23494

interventions

81

jurisdictions

G20: Harmful Trade Policy Interventions

This Thread tracks harmful trade policy interventions introduced by G20 members since 2009. It covers all types of interventions monitored by Global Trade Alert.

Published: 15 Jan 2025

54130

interventions

121

jurisdictions