ANNOUNCEMENT 01 Nov 2010In November 2010, the government of India announced a change in import duties.
NUMBER OF INTERVENTIONS
India Customs. (2010). Notification 116/2010. Available at http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k10/cs-tarr2k10/cs116-2k10.htm
On 1 November 2010, the government of India capped import tariffs on crude oil products originating in Brunei Darussalam. Under the new regulation, import duties levied upon these products may not exceed 3 percent ad valorem.
This measure includes trade-enhancing as well as discriminatory aspects.