Customs:
Major tariff cuts unveiled on imports from Switzerland, Norway, and Iceland under the India-EFTA Trade Agreement from portion of customs duties, Agriculture Infrastructure and Development Cess (AIDC), and Health Cess. Exemptions apply to specified goods in the First Schedule, subject to origin certification under the Rules of Origin, 2020. Refer to the notification table I & II for detailed goods coverage. These measures aim to enhance trade competitiveness and strengthen India-EFTA economic ties.
[Notification No. 41/2025-Customs, Notification No. 42/2025-Customs and Notification No. 43/2025-Customs all dated 30.09.2025]
