Global Trade Alert
Global Trade Alert

India: Import duty amended on various goods (1 February 2025)

Announcement

01 Feb 2025

On 1 February 2025, the Indian government reduced the customs duty on the imports of various goods.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

4 in force

Implementation date

02 Feb 2025

Revocation date:

No revocation date

Import tariff In force

On 1 February 2025, the Indian Ministry of Finance through Notification No. 05/2025-Customs reduced the import duty on certain goods. Six drugs from the applicable rate to 5% until 31 March 2029 (HS...

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Import tariff In force

On 1 February 2025, the Indian Ministry of Finance through Notification No. 05/2025-Customs reduced the import duty on certain goods when imported for the manufacture of finished products. These inclu...

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Implementation date

02 Feb 2025

Revocation date:

No revocation date

Tax or social insurance relief In force

On 1 February 2025, the Indian Ministry of Finance through Notification No. 05/2025-Customs reduced the import duty on certain goods when imported for the manufacture of finished products. This has be...

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Tax-based export incentive In force

On 1 February 2025, the Indian Ministry of Finance through Notification No. 05/2025-Customs reduced the import duty on frozen fish paste (surimi) when imported for the manufacture of surimi analogue p...

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