Global Trade Alert
Global Trade Alert

India: Temporary customs duty exemption on ships/boats for breaking up

Announcement

23 Feb 2023

The Ministry of Finance has temporarily reduced the customs duty on imports of vessels and floating structures.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

24 Feb 2023

Revocation date:

31 Mar 2025

Import tariff

On 23 February 2023, the Indian Ministry of Finance through Notification No. 13/2023-Customs temporarily exempted the customs duty on vessels and other floating structures imported for breaking up (HS...

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