Global Trade Alert
Global Trade Alert

India: Social welfare surcharge on imports of certain precious metals withdrawn

Announcement

22 Jan 2024

The Indian Ministry of Finance has withdrawn a social welfare surcharge applicable to the imports of certain precious metals.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

22 Jan 2024

Revocation date:

No revocation date

Internal taxation of imports In force

On 22 January 2024, the Indian Ministry of Finance through Notification No. 04/2024-Customs withdrew a 10% social welfare surcharge (SWS) applicable to the imports of spent catalyst or ash containing ...

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