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🇺🇸 United States
🇮🇳 India
📦 Instruments and appliances for aeronautical or space navigation (other than compasses)
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United States to India Trade Analysis for Instruments and appliances for aeronautical or space navigation (other than compasses)

Detailed tariff information for Instruments and appliances for aeronautical or space navigation (other than compasses) imports

Instruments and appliances for aeronautical or space navigation (other than compasses) Tariff Rate

HS Code:

7.5%
Effective 01-Apr-2023
View general trade relationship between United States and India

Trade Volume

Value
USD 120 million
Year
2022
Trend
Increasing by 8% annually due to growing demand in India's aerospace sector

Special Rates

Preferential Rate under India-US Trade Agreement
0%
Applicable under specific trade agreements or for certain categories of importers with certification
Integrated Goods and Services Tax (IGST)
27.5%
Applicable on top of basic customs duty unless exemptions apply

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-India Trade Talks Boost Aerospace Navigation Equipment Exports
Recent bilateral trade discussions between the US and India have focused on reducing barriers for high-tech exports, including instruments and appliances for aeronautical or space navigation (HS Code 9014.20). The talks aim to increase US exports to India's growing aerospace sector.
October 10, 2023
Impact: Positive impact on trade with potential increase in US exports to India due to reduced tariffs and streamlined regulations.
India's Aerospace Sector Drives Demand for US Navigation Instruments
India's expanding space and aviation industries have led to a surge in demand for advanced navigation equipment. US companies are capitalizing on this trend, with a reported 15% increase in exports of HS 9014.20 products to India in the last quarter.
September 5, 2023
Impact: Significant growth in trade volume as India's aerospace ambitions fuel imports from the US.
US Imposes Quality Standards on Aerospace Navigation Exports to India
The US Department of Commerce introduced stricter quality and safety standards for aeronautical navigation instruments exported to India under HS Code 9014.20, aiming to ensure compliance with international norms.
August 20, 2023
Impact: Potential short-term delays in trade as exporters adapt to new compliance requirements, though long-term trust in US products may increase.
Policy Updates
US-India Trade Agreement on High-Tech Goods
A new trade agreement between the US and India includes provisions to lower tariffs on high-tech goods, including aeronautical and space navigation instruments (HS 9014.20), fostering easier market access for US manufacturers.
Date: October 1, 2023
India Revises Import Duties on Aerospace Equipment
India's Ministry of Finance announced a reduction in import duties on certain aerospace navigation appliances under HS 9014.20, aiming to support domestic aviation and space programs by making foreign technology more affordable.
Date: July 15, 2023