ANNOUNCEMENT 19 Jan 2016

The Indian Ministry of Finance withdraw reductions in basic customs duty and additional customs duty on the imports of certain medical devices. At the same time, the basic customs duty was reduced on imports of raw materials and parts for these devices. These amendments are in line the Indian government's decisions to incentivize local production.

NUMBER OF INTERVENTIONS

3

  • 2 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 19 Jan 2016 | Removal date: open ended
Still in force

Import tariff

The Ministry of Finance through Notification No. 4/2016-Customs restricted the list of medical devices under HS 9018, 9019, 9020, 9021 and 9022 that attracted a reduced customs duty of 5% when such goods were imported for "medical, surgical, dental or veterinary uses". The reduced duty which was earlier available to all products under these tariff lines has now been restricted to specific devices only. A higher duty of 7.5% will now be applicable to the other devices.

The tariff lines, at the Indian 8 digit HS level, that will still attract a lower import duty are - 9018.32.30, 9018.50.20, 9018.90.21, 9018.90.24, 9018.90.43, 9018.90.95, 9018.90.96, 9018.90.97, 9018.90.98, 9019.10.20, 9022.90.10 or 9022.90.30.

 

AFFECTED SECTORS

 
Inception date: 19 Jan 2016 | Removal date: open ended
Still in force

Import tariff

Further, through Notification No. 4/2016-Customs, the import duty on parts and accessories used in the manufacture of parts and accessories for goods falling under HS 9018, 9019, 9020, 9021 and 9022 have been reduced from 5% to 2.5%.

Inception date: 16 Jan 2017 | Removal date: open ended
Still in force

Import tariff

The Ministry of Finance through Notification No. 5/2016-Customs removed an exemption from the additional customs duty of 4% on the import of certain medical devices under HS 9018, 9019, 9020, 9021 and 9022 when imported for "medical, surgical, dental or veterinary uses". The exemption which was earlier available to all products under these tariff lines has been limited to specific products.

The tariff lines, at the Indian 8 digit HS level, that will still attract a lower import duty are - 9018.32.30, 9018.50.20, 9018.90.21, 9018.90.24, 9018.90.43, 9018.90.95, 9018.90.96, 9018.90.97, 9018.90.98, 9019.10.20, 9022.90.10 or 9022.90.30.