Tuesday, July 08, 2025 | 01:50 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Duty revisions after Oct to come with sunset clause, says FM Sitharaman

Government will rationalise customs duties after consultations, says finance minister

Nirmala Sitharaman
premium

Nirmala Sitharaman (Photo: ANI)

Nikunj Ohri New Delhi
Duty change notifications post October 1 will come with a sunset clause after the government meets stakeholders in April on rationalising customs and anti-dumping duty, said Finance Minister Nirmala Sitharaman on Wednesday.

Sitharaman, during a discussion on the Finance Bill in the Rajya Sabha, said she had announced in the budget that the government would rationalise any duty brought against dumping over the years.

Anti-dumping duty notifications announced over decades did not have an end date and continue. The government will meet stakeholders from April 1 to review such duties.

“And if any such decades old, anti-dumping duty or any