ANNOUNCEMENT 16 Mar 2010

In March 2010, the government of India announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Original measure
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-before2k/cs158-95.htm

16 March 2010
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k10/cs34-2k10.htm

6 December 2012
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2012/cs-tarr2012/cs60-2012.htm


Inception date: 16 Mar 2010 | Removal date: open ended

Import tariff

On 16 March 2010, the Indian Ministry of Finance extended the period within which custom duty exempt re-importation of Indian exports is allowed from 3 years to 10 years. The goods should be manufactured in India and re-imported for repair or reconditioning of Indian or foreign parts.
 
The described extension is only applicable to goods exports destined for Nepal. From 6 December 2012, the extended term of 10 years was also granted for goods exports to Bhutan.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A