ANNOUNCEMENT 18 Nov 2008

In November 2008, the government of India announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government of India. (18 November 2008). Revision of customs duties on certain items and procedural simplification in Service Tax refund to exporters. To be obtained at
http://pib.nic.in/release/release.asp?relid=44883

Ministry of Finance. (18 November 2008). Notification 122 /2008. To be obtained at
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k8/cs122-2k8.htm


Inception date: 18 Nov 2008 | Removal date: open ended

Import tariff

On 18 November 2008, the government of India has reimposed import duties on several iron and steel products. Articles such as pig iron, spiegeleisen, semi-finished, flat or long iron or steel products are now subject to a 5 percent ad valorem duty.

The products had originally been exempted from import duties on 31 October 2008.

 

AFFECTED SECTORS