Retaliatory tariffs: India may extend deadline on 29 US items by 14 days

The government has already extended this deadline over half a dozen times since June 2018

India is likely to extend the deadline for imposing retaliatory customs duties on 29 US products, including almond, walnut and pulses, by another 14 days, a source said.

The commerce ministry is expected to recommend to the revenue department, under the finance ministry, to extend the deadline for imposing higher tariffs. The current deadline will end on May 2.

"The ministry will recommend extension of the deadline on retaliatory tariffs on imports from the US by another 14 days," the source said.

If accepted by the finance ministry, the revenue department would issue a notification to that effect.

The government