IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Feb 2013 | Removal date: open ended
Still in force

Import ban

On 20 February 2013, the Indian Ministry of Commerce suspended imports of gold from Thailand.
Previously, those imports were subject to a 1% duty (compared to a 10% duty for imports from other countries), which was only applicable if the good received a value addition of at least 20% in Thailand. The suspension will be in place until the authorities deem the certificate of origin of the imports to be satisfactory.

 
The implementation of this suspension is a reaction to increased imports of the aforementioned product in the last months. TheIndian government fears that importers are abusing the (almost) duty-free pactwith Thailand to import goods originating elsewhere.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

382 Jewellery & related articles
7114 Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal.
711411 Of silver, whether or not plated or clad with other precious metal
711419 Of other precious metal, whether or not plated or clad with precious metal
413 Basic precious metals & metals clad with precious metals
7108 Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form.
710812 Other unwrought forms
710813 Other semimanufactured forms
484 Watches & clocks; parts
9111 Watch cases and parts thereof.
911120 Cases of base metal, whether or not gold or silverplated
911180 Other cases

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