Global Trade Alert
Global Trade Alert

India: Import duties and surcharge reduced on certain critical minerals

Announcement

23 Jul 2024

On 23 July 2024, the Indian Ministry of Finance reduced the import duties and surcharge on certain critical minerals.

 

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

2 in force

Implementation date

24 Jul 2024

Revocation date:

No revocation date

Import tariff In force

On 23 July 2024, the Indian Ministry of Finance through Notification No. 36/2024-Customs reduced the customs duty on importing certain critical minerals. The affected goods are listed under HS chapter...

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Internal taxation of imports In force

On 23 July 2024, the Indian Ministry of Finance through Notification No. 36/2024-Customs exempted a 10% social welfare surcharge (SWS) on importing certain critical minerals. The affected goods are li...

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