Customs

Private jets, helicopters, high-end electronic items, plastic goods, jewellery, high-gloss paper and vitamins are among items that are on the list prepared ...

Import tariffs on gold were raised in 2022 to curtail imports of yellow metal. The government has also issued quality control orders to curb non-essential cheap imports. "With local demand set to outpace export growth, the merchandise trade deficit could remain at $25 billion per month, translating into a CAD of 3.2-3.4% of GDP," said Economists see CAD at 3.2-3.4% of GDP in the next fiscal. "A list has been drawn up based on the inputs from various ministries that are being examined," said a government official. Private jets, helicopters, high-end electronic items, plastic goods, jewellery, high-gloss paper and vitamins are among items that are on the list prepared by the government.