Global Trade Alert
Global Trade Alert

India: Import duty exemption on several products to support the Handicraft exports sector

Announcement

14 Jul 2018

The import duty has been reduced on a wide variety of products imported to manufacture Handicraft export goods.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

14 Jul 2018

Revocation date:

No revocation date

Import tariff In force

On 14 July 2018, the Indian Ministry of Finance through Notification No. 52/2018-Customs exempted several products from the basic customs duty if they are imported by a manufacturer or a merchant expo...

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Implementation date

14 Jul 2018

Revocation date:

No revocation date

Tax-based export incentive In force

The Notification by reducing the cost of import goods to manufacture export goods allows an indirect subsidy to export manufacturers of such handicrafts.

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