ANNOUNCEMENT 27 Feb 2010

In February 2010, the government of India announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



India Customs. (2010). Notification 17/2010. Available at http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k10/cs17-2k10.pdf


Inception date: 27 Feb 2010 | Removal date: open ended
Still in force

Import tariff

On 27 Feburary 2010, the government of India raised the maximum import tariff values payable for the imports of silver and gold in any form.
 
The maximum value of payable import duties are set to be

  • Rs. 1500/kg for silver, up from Rs.1000/kg,
  • Rs. 300/10g for gold bars, up from Rs. 100/10g,
  • Rs. 750/10g for gold in any other form, up from Rs. 250/10g.

 

AFFECTED SECTORS