Suspension of Reciprocal Tariffs of 26% till 8th July 2025

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Ref.No.GJEPC/Members/USA Tariff /2025-26 12th April 2025

TO: ALL MEMBERS OF THE COUNCIL

Subject: Suspension of Reciprocal Tariffs of 26% till 8th July 2025

Dear All, This is in reference to the executive order issued by the USTR dated 10th April 2025, the adjusted reciprocal tariff of 26% that was set to take effect for Indian exporters starting April 9th, 2025, will now be effective from 12.01 a.m. eastern daylight time on July 9, 2025.
Upto that day, modified applicable tariff rates, including MFN duty rate and an additional ad valorem rate of duty of 10% would be applicable on all articles imported into the customs territory of the United States.
A para of the executive order Modifying Reciprocal Tariff Rates dated 9th April 2025 can be read as below: ‘Sec. 2. Suspension of Country-Specific Ad Valorem Rates of Duty. Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 10, 2025, enforcement of the second paragraph of section 3(a) of Executive Order 14257 is suspended until 12:01 a.m. eastern daylight time on July 9, 2025. Effective at 12:01 a.m. eastern daylight time on April 10, 2025, and until 12:01 a.m.

of section 3(a) of Executive Order 14257 is suspended until 12:01 a.m. eastern daylight time on July 9, 2025. Effective at 12:01 a.m. eastern daylight time on April 10, 2025, and until 12:01 a.m. eastern daylight time on July 9, 2025, all articles imported into the customs territory of the United States from the trading partners enumerated in Annex I to Executive Order 14257 shall be, consistent with law, subject to an additional ad valorem rate of duty of 10 percent, subject to all applicable exceptions set forth in Executive Order 14257.’ In accordance with the above, Applicable tariff is as follows
Applicable Tariffs in USA on the imports of Gem and Jewellery Products from India
Key commodities MFN duty applicable in USA for India
(A) Base Line duty of 10% w.e.f 5th April 2025 (B) Total Applicable tariffs from
10th April to 8th July 2025 C=A+B
Cut and Polished Diamonds
NIL 10% 10% Gold Jewellery 5% - 7%
10% 15% -17% Platinum Jewellery 5%-7% 10% 15% -17% Silver Jewellery 5%-13.5% 10% 15% - 23.5%

8th July 2025 C=A+B
Cut and Polished Diamonds
NIL 10% 10% Gold Jewellery 5% - 7%
10% 15% -17% Platinum Jewellery 5%-7% 10% 15% -17% Silver Jewellery 5%-13.5% 10% 15% - 23.5%

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Articles of Silver
2.7% - 3.5% 10% 12.7% - 13.5% Articles of Gold
3% - 7.9% 10% 13% - 17.9% Worked Coloured Gemstones
NIL 10% 10% Polished Lab Grown Diamonds NIL
10% 10%
Pearls
NIl 10% 10% Imitation Jewellery Nil – 11%
10% 10% - 21% Source : Harmonised Tariff Schedule 2025 HTS Revision 9 , USITC (United States International Trade Commission) & Executive Order dated 9th April 2025 and Detailed Modified Tariffs Applicable for India's Exports of Gem and Jewellery Products

Detailed Table of HS code wise modified Tariffs Applicable for India's Exports of Gem and Jewellery Products to USA s appended below.
Thanking you, With best regards, Sd/- SABYASACHI RAY EXECUTIVE DIRECTOR
Enclosure
Annexure
Modified Tariffs Applicable for India's Exports of Gem and Jewellery Products to USA