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customs duty

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India waives customs duty, IGST on imported animals under UK trade pact from July 15 Trade
Free Trade Agreements #india#uk

India waives customs duty, IGST on imported animals under UK trade pact from July 15

India has announced a customs duty and IGST waiver on imported animals used in shows and public functions, effective July 15, under its trade pact with the UK. The notification from CBIC requires re-export within six months and a bank guarantee of 110% of duty, with exceptions for government and diplomatic missions.

Jul 8, 2026 1 source
India Grants Retrospective Customs Duty Relief on Nuclear Power Equipment Import Trade
Tariffs & Duties #india#customs duty

India Grants Retrospective Customs Duty Relief on Nuclear Power Equipment Import

India's Finance Ministry issued a notification granting retrospective customs duty relief on imports of select nuclear power generation equipment. The relief covers goods imported from April 2019 to January 2026, ensuring importers face no retrospective duty claims.

Jun 12, 2026 1 source