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This document discusses tariff and non-tariff barriers in India. It begins by defining tariffs as taxes on imported goods that raise their prices and restrict imports. It then discusses some key tariff barriers in India, including import licensing requirements for certain goods. The document also covers non-tariff barriers like import quotas, product standards, domestic content rules, and foreign exchange controls. It notes that while tariffs work through price mechanisms, non-tariff barriers restrict impor

Author

Aishwarya Kengar

Language

EN