ANNOUNCEMENT 01 Feb 2022

India has reduced the export duty on raw hides and skins of buffalo.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Notification No. 10/2022-Customs
https://www.indiabudget.gov.in/doc/cen/cus1022.pdf

Inception date: 02 Feb 2022 | Removal date: open ended

Export tax

On 1 February 2022, the Indian Ministry of Finance through Notification No. 10/2022-Customs reduced the export duty on raw hides and skins of buffalo (HS 4101) from 40% to 30%.

The amendment was announced as part of the Indian Budget 2022-2023 and is effective from 2 February 2022.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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