Announcement
01 Feb 2023
On 1 February 2023, the Indian Ministry of Finance amended the customs duty on the import of certain goods.
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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:
31 Jan 2025
Updated: 01 Feb 2023
Import tariff
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs reduced the customs duty on seeds for use in the manufacturing of rough lab-grown diamonds. The duty has bee...
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Implementation date
02 Feb 2023
Revocation date:
No revocation date
Updated: 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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Updated: 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...
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Implementation date
02 Feb 2023
Revocation date:
31 Jan 2025
Updated: 01 Feb 2023
Tax or social insurance relief
On 1 February 2023, the Indian Ministry of Finance through Notification No. 02/2023-Customs provided a tax advantage to the production of diamonds by reducing the customs duty on the seeds used in the...
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Implementation date
02 Feb 2023
Revocation date:
No revocation date
Updated: 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 ...
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Updated: 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 ...
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Related State Acts
01 Feb 2023
India: Amendments introduced by the Finance Bill 2023 (2023-2024 Budget)
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India: Customs duty on the imports of certain raw materials reduced as part of the 2023-2024 budget
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21 May 2022
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11 Nov 2020
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