India extends deadline for imposition of higher customs duties on 29 US products

India has extended the deadline for the imposition of higher customs duties on 29 US products, including almond, walnut and pulses, by another 45 days till 17th of next month. The Ministry of Finance said this in a notification.

 

The commerce Ministry had asked its finance



counterpart to extend the deadline for the rollout of duty hike further. In June, India decided to impose retaliatory tariffs from 4th of August but it was extended by another 45 days till September 18 and then again till 2nd of this month.