India: Customs duty amendments announced as part of 2026-2027 budget

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, withdrew a tax concession available to the manufacturers of gold/silver dore bars with at least 99.5% purity...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, withdrew a reduced customs duty of 5% applicable to the imports of gold dore bar and silver dore bar, with g...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, announced tax-based export incentives for manufacturer exporters of shoe uppers and exporters of processed s...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, withdrew a customs duty exemption available on the imports of live animals and birds (HS chapter 01) by zoos...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, increased the customs duty on the imports of certain goods. The amendment is effective from 2 February 2026....

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, reduced the customs duty on imports of certain products to be used in the manufacture of other goods. The du...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, increased the duty-free allowance for imports of certain goods by entities to process seafood for exports. E...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, exempted the customs duty on the imports of raw materials (any HS chapter) for the manufacture of parts of a...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, granted a temporary tax concession to public sector entities under the Ministry of Defence for the maintenan...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, withdrew a tax relief available to zoos. These entities were permitted to import live animals or birds witho...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, reduced the customs duty on the imports of Monazite (HS 2612.20) from 2.5% to Nil. The amendment is effectiv...

On 1 February 2026, the Indian Ministry of Finance, via Notification No. 2/2026-Customs, reduced the customs duty on the imports of certain goods. The amendment is effective from 2 February 2026 an...