Announcement
01 Feb 2023
The Indian government has amended the customs duty on the imports of certain goods through the 2023 Finance Bill.
Source
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
02 Feb 2023
Revocation date:
No revocation date
Announced: 01 Feb 2023
Import tariff
In force
On 1 February 2023, the Indian Minister of Finance through the Finance Bill 2023 reduced the customs duty on the imports of certain goods from 12.5% to 10%. The affected goods include sil...
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Implementation date
02 Feb 2023
Revocation date:
No revocation date
Announced: 01 Feb 2023
Import tariff
In force
On 1 February 2023, the Indian Minister of Finance through the Finance Bill 2023 increased the customs duty on the imports of certain goods, as below -
On styrene (HS 2902.50) from 2% to 2.5%
on vin...
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Related State Acts
Announced: 01 Feb 2025
India: Customs duty changes on the imports of certain goods as part of the 2023-2024 budget
Announced: 01 Feb 2023
India: Customs duty on the imports of certain raw materials reduced as part of the 2023-2024 budget
Announced: 01 Feb 2023
India: Amendments to the agriculture infrastructure and development cess as part of the 2023-24 budget
Announced: 01 Feb 2023
India: Amendments to the social welfare surcharge as part of the 2023-2024 budget
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