1 day ago · Based on data from the World Trade Organization, India's simple average tariff rate is 17%, compared to about 3.3% for the U.S. On a trade-weighted basis, India's rate is about 12%, vs the U.S ...

1 day ago · India is considering tariff cuts in at least a dozen sectors, from electronics to medical and surgical equipment, and chemicals, to boost U.S. exports in line with New Delhi's domestic production ...

Press Release for the 5th Joint Group of Customs (JGC) meeting between India and Bhutan was held on 6th-7th May, 2024 in Leh, Ladakh - regarding. Passing-Out-Parade of 73rd Batch of IRS (C&IT) Officers at NACIN Palasamudram. Chairman CBIC Sh. Sanjay Kumar Agarwal at the Passing-Out-Parade of 73rd Batch of IRS (C&IT) Officers at NACIN Palasamudram

Jan 12, 2024 · In 2023-24 Annual Budget, India raised tariffs for private jets, helicopters, plastic goods, jewelry, high gloss paper, and vitamins. The Customs Info Database tariff look-up tool on trade.gov is available to estimate duties and taxes.

6 days ago · India plans to review import tariffs on over 30 items, including luxury cars, solar cells and chemicals, a senior finance ministry official said, potentially leading to increased imports from the ...

6 days ago · Under India’s Union Budget 2025-26, announced on February 1, 2025, the central government proposes eliminating seven additional customs tariff rates for industrial goods, following the removal of seven tariffs in 2023-24 (announced in the previous budget speech on July 23, 2024).This reduces the total number of tariff slabs to eight, including a zero rate.

Feb 2, 2025 · Trump tariff war: India has prepared fact-sheet for American diplomats on tariffs on key U.S. products, officials say; import duties on top 30 items from U.S. are all below 7.5%

Tariff rate, applied, simple mean, all products (%) - India World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database.

India maintains high tariffs on a number of goods, and operates a number of complicated duty drawback, duty exemption, and duty remission schemes for imports.

Feb 4, 2025 · Last week India further slashed import duties on motorcycles, cutting tariffs on heavyweight bikes with engines above 1,600cc from 50% to 30% and smaller ones from 50% to 40%.