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📦 Articles for use in civil aircraft, with a basis of mineral substances
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United States to India Trade Analysis for Articles for use in civil aircraft, with a basis of mineral substances

Detailed tariff information for Articles for use in civil aircraft, with a basis of mineral substances imports

Articles for use in civil aircraft, with a basis of mineral substances Tariff Rate

HS Code:

7.5%
Effective April 1, 2023
View general trade relationship between United States and India

Trade Volume

Value
USD 120 million
Year
2022
Trend
Increasing due to growing demand for civil aircraft components in India's aviation sector.

Special Rates

Preferential Rate
0%
Applicable under India-US trade agreements for specific civil aircraft components if accompanied by necessary certifications and compliance with Directorate General of Civil Aviation (DGCA) requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-India Trade Talks Highlight Civil Aircraft Components
Recent bilateral trade discussions between the US and India emphasized reducing tariffs on articles for civil aircraft made of mineral substances (HS Code: 6815.99). Both nations aim to boost aerospace collaboration.
2023-10-15
Impact: Potential reduction in tariffs could increase trade volume of civil aircraft components, benefiting manufacturers and airlines in both countries.
India Increases Import of US-Made Aircraft Parts
India reported a 12% rise in imports of civil aircraft articles based on mineral substances from the US, driven by growing demand in its aviation sector.
2023-09-22
Impact: Strengthens US export market to India, supporting American manufacturers and deepening economic ties in the aerospace sector.
US Exporters Face Logistics Challenges in India for Aircraft Components
US exporters of civil aircraft articles (HS Code: 6815.99) to India have encountered delays due to customs clearance issues and infrastructure bottlenecks at Indian ports.
2023-08-30
Impact: Delays may temporarily hinder trade flow, potentially increasing costs for US exporters and affecting delivery timelines for Indian buyers.
Policy Updates
US-India Trade Partnership Agreement on Aerospace
A new agreement under the US-India Trade Partnership includes provisions to streamline tariffs and regulatory processes for civil aircraft components, including those under HS Code 6815.99, to foster mutual growth in the aviation sector.
Date: 2023-10-10
India Revises Import Duty Structure for Aircraft Parts
India's Ministry of Finance announced a revision in import duties for specific aircraft components, including articles of mineral substances (HS Code: 6815.99), reducing the rate by 5% to encourage imports and support domestic airlines.
Date: 2023-07-15