Announcement
01 Feb 2023
The Indian government has announced customs duty reduction on the imports of certain raw materials for manufacturing finished goods.
Source
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Number of interventions
4
2 certainly harmful
0 likely harmful
2 liberalising
List of interventions
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. 06/2023-Customs provided a tax advantage on the manufacture of mobile phone camera modules. The advantage was provided by re...
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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 Ministry of Finance through Notification No. 06/2023-Customs reduced the customs duty on the imports of camera lens and its inputs/parts (listed under any HS chapter) fo...
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Implementation date
02 Feb 2023
Revocation date:
31 Mar 2024
Announced: 01 Feb 2023
Tax or social insurance relief
On 1 February 2023, the Indian Ministry of Finance through Notification No. 06/2023-Customs provided a temporary tax advantage on the manufacture of certain finished goods. The advantage was provided ...
Sign in to see more
Implementation date
02 Feb 2023
Revocation date:
31 Mar 2024
Announced: 01 Feb 2023
Import tariff
On 1 February 2023, the Indian Ministry of Finance through Notification No. 06/2023-Customs temporarily reduced the customs duty on the imports of certain raw materials. The amendment is effective unt...
Sign in to see more
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: Amendments introduced by the Finance Bill 2023 (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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