Global Trade Alert
Global Trade Alert

India: Tariff value applicable on the imports of certain goods amended (31 July 2023)

Announcement

31 Jul 2023

In July 2023, the Central Board of Indirect Taxes and Customs of India through Notification 56/2023-CUSTOMS (N.T.) amended the tariff values applicable to the imports of certain products.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Aug 2023

Revocation date:

14 Aug 2023

Updated: 31 Jul 2023
Import price benchmark

On 31 July 2023, the Central Board of Indirect Taxes and Customs (CBIC) under the Indian Ministry of Finance through Notification No. 56/2023-CUSTOMS (N.T.) reduced the import tariff value app...

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Implementation date

01 Aug 2023

Revocation date:

14 Aug 2023

Updated: 31 Jul 2023
Import price benchmark

On 31 July 2023, the Central Board of Indirect Taxes and Customs (CBIC) under the Indian Ministry of Finance through Notification No. 56/2023-CUSTOMS (N.T.) increased the import tariff value a...

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