ANNOUNCEMENT 16 Feb 2019
India withdrew the Most Favoured Nation status and imposed a 200% import duty on all goods imported from Pakistan.
NUMBER OF INTERVENTIONS
1
SOURCE
Notification No.05/2019-Customs
http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2019/cs-tarr2019/cs05-2019.pdf;jsessionid=E83056076846F31796C9A56BF1D8DE7F
On 16 February 2019, the Indian Ministry of Finance through Notification No.05/2019-Customs imposed an import duty of 200% on all goods imported from Pakistan. This comes along with the withdrawal of Pakistan from the Most Favoured Nation status by India.
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