Global Trade Alert
Global Trade Alert

India: Tariff value applicable on the imports of certain goods reduced (31 May 2023)

Announcement

31 May 2023

In May 2023, the Central Board of Indirect Taxes and Customs of India through Notification 38/2023-CUSTOMS (N.T.) reduced the tariff values applicable to the imports of certain products.

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

01 Jun 2023

Revocation date:

No revocation date

Import tariff

On 31 May 2023, the Central Board of Indirect Taxes and Customs (CBIC) under the Indian Ministry of Finance through Notification No. 38/2023-CUSTOMS (N.T.) reduced the import tariff value applicable t...

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