https://www.taxtmi.com/news?id=69816 An MP urged the government to press the US for the formal withdrawal of the punitive duty and an official US notification, noting that the announced reduction of the reciprocal tariff to 18% remains provisional without a legal instrument under the International Emergency Economic Powers Act and that US Customs still lists separate duty codes for the reciprocal tariff and the Russia India punitive levy, creating ongoing uncertainty for exporters. en-us Tue, 03 Feb 2026 15:01:03 +0530 Tue, 03 Feb 2026 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69816 An MP urged the government to press the US for the formal withdrawal of the punitive duty and an official US notification, noting that the announced reduction of the reciprocal tariff to 18% remains provisional without a legal instrument under the International Emergency Economic Powers Act and that US Customs still lists separate duty codes for the reciprocal tariff and the Russia India punitive levy, creating ongoing uncertainty for exporters. News - Tue, 03 Feb 2026 15:01:03 +0530 https://www.taxtmi.com/news?id=69816