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February 01, 2025

• TARIFF CUT ON STAINLESS STEEL CLARIFICATION
• Effective Import Duty On Stainless Steel Remains At 7.5%
• Tariffs Cut On Stainless Steel To 15% Only Reduces Maximum Allowed Duty On Imports
• Govt Can Still Increase Import Duty On Stainless Steel From 7.5% Το 15% - NDTV PROFIT
• Gem and Jewellery Export Promotion Council (GJEPC ) welcomes new tariff items in Chapter 71 to distinguish high-purity precious metals, aligning with its request to address misclassification of platinum-gold alloys under India-UAE CEPA.