Global Trade Alert
Global Trade Alert

India: Customs duty changes on the imports of certain goods as part of the 2023-2024 budget

Announcement

01 Feb 2023

On 1 February 2023, the Indian Ministry of Finance amended the customs duty on the import of certain goods.

Source

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Number of interventions

6

3 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

02 Feb 2023

Revocation date:

No revocation date

Announced: 01 Feb 2025
Import tariff In force

On 1 February 2025, the removal date was withdrawn.

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Announced: 01 Feb 2023
Import tariff In force
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs reduced the customs duty on the imports of certain raw materials for the manufacture of finished goods. The ...
Sign in to see more
Announced: 01 Feb 2023
Import tariff In force
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs reduced the customs duty on the imports of certain goods. The amendments have been announced as part of the ...
Sign in to see more

Implementation date

02 Feb 2023

Revocation date:

No revocation date

Announced: 01 Feb 2023
Tax or social insurance relief In force
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs reduced the customs duty on raw materials imported for the manufacture of aquatic feed, industrial chemicals...
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Announced: 01 Feb 2025
Tax or social insurance relief In force

On 1 February 2025, the removal date was withdrawn.

Sign in to see more
Announced: 01 Feb 2023
Import tariff In force
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs increased the customs duty on the imports of certain goods. The amendments have been announced as part of th...
Sign in to see more

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