Announcement
23 Jul 2024
On 23 July 2024, the Indian Ministry of Finance reduced an internal cess on the imports of certain precious metals.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
24 Jul 2024
Revocation date:
12 May 2026
Updated: 23 Jul 2024
Other import charges
Recent update from 12 May 2026:
On 12 May 2026, the AIDC on all goods was increased (see related state act).
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Related State Acts
12 May 2026
India: Cess and surcharges on certain precious metals and related products amended
23 Aug 2024
India: Duty drawback rates amended on gold and silver (August 2024)
22 Jan 2024
India: Cess imposed on the imports of precious metals
01 Feb 2023
India: Amendments to the agriculture infrastructure and development cess as part of the 2023-24 budget
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