Politics · India · 8 hrs ago
India reviews customs duty relief for 118 goods ahead of Budget 2027
India’s government has begun reviewing duty relief for 118 goods as it prepares the 2027-28 budget.
The review covers products including power-project equipment, textile machinery, medicines, optical fibre cables and some battery materials.
The concessions include relief on 32 products due for statutory review and unconditional exemptions on 86 others.
Some of the relief expires in 2027, on March 31 or September 30.
Government ministries have asked businesses for data on domestic production, imports, capacity and planned investment.
Officials say reviewing duties is a routine way to address tariff imbalances and support local manufacturing.
The government will decide whether to keep, withdraw or let the concessions lapse; no final decisions are given.
India has begun reviewing customs duty concessions and exemptions on 118 goods as part of preparations for Budget 2027-28.
The review covers 32 products with concessions or exemptions and 86 goods with unconditional exemptions.
The goods include items used in power projects, panel displays, textiles, batteries, pharmaceuticals and renewable energy.
Line ministries are seeking industry evidence on whether the relief should continue, end or lapse.
The review is described by an official as a routine exercise to address tariff imbalances and promote local manufacturing.
- Who
- The Indian government, through respective line ministries, is reviewing the concessions.
- What
- Customs duty concessions and exemptions on 118 goods are under review.
- When
- The review has begun as part of the Budget 2027-28 exercise. Some concessions are due for statutory review as they expire on March 31 and September 30, 2027.
- Where
- India.
- Why
- The government says duty review and rationalisation can correct inverted duty structures and promote local manufacturing.
This story does not have two clearly opposing sides.
The budget included tariff rationalisation, with many conditional and unconditional exemptions reviewed.
The government began reviewing concessions and exemptions on 118 goods.
Line ministries sought industry input on whether the relief should continue, be withdrawn or lapse.
Concessions due to expire on these dates are subject to statutory review.
- Goods under review
- 118
- Concessions and exemptions
- 32 products
- Unconditional exemptions
- 86 goods
- Duty rate
- Up to 30%
- Statutory review dates
- March 31 and September 30, 2027
What people are saying
Industry has been asked for detailed justification supported by data on domestic production, imports, existing capacity and planned investment in these goods.
Duty review and rationalisation is a routine exercise done to correct the inverted duty structure and promote local manufacturing.