https://www.taxtmi.com/news?id=51068 A 25 per cent additional import tariff plus an unspecified penalty on Indian goods takes effect August 1 and will be implemented by an executive order specifying the duty structure and penalty mechanism. These additional charges are cumulative with existing sectoral and ad valorem duties, increasing the effective landed cost for affected Indian exports-especially textiles, garments, leather goods, gems and jewellery, telecom instruments and select agri and petroleum products-and may affect competitiveness relative to third country suppliers pending administrative clarification. en-us Thu, 31 Jul 2025 11:31:03 +0530 Thu, 31 Jul 2025 11:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51068 A 25 per cent additional import tariff plus an unspecified penalty on Indian goods takes effect August 1 and will be implemented by an executive order specifying the duty structure and penalty mechanism. These additional charges are cumulative with existing sectoral and ad valorem duties, increasing the effective landed cost for affected Indian exports-especially textiles, garments, leather goods, gems and jewellery, telecom instruments and select agri and petroleum products-and may affect competitiveness relative to third country suppliers pending administrative clarification. News - Thu, 31 Jul 2025 11:31:03 +0530 https://www.taxtmi.com/news?id=51068