'Sending signal tariffs in India are not very high': CBIC chief Sanjay Kumar Agarwal
India's tariff structure has been rationalised, reducing the average customs rate from 11.65% to 10.66%, aligning it more closely with ASEAN countries. This move aims to enhance the competitiveness of Indian industry and improve the perception of India’s tariffs globally. Efforts to simplify GST rates are ongoing with a focus on consensus building.
India's tariff structure has been rationalised, reducing the average customs rate from 11.65% to 10.66%, aligning it more closely with ASEAN countries. This move aims to enhance the competitiveness of Indian industry and improve the perception of India’s tariffs globally. Efforts to simplify GST rates are ongoing with a focus on consensus building.
