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Import Duties from South Korea to India

India import duty rates for goods originating in South Korea. India-Korea CEPA provides preferential tariff access.

FTA Status

Active โœ“

Duty basis

CIF

IGST

18%

Tariff system

Indian Customs Tariff (ITCโ€“HS)

India-Korea CEPA

In force since 2010

Active

Reduced tariffs on ~90% of tariff lines. Electronics and auto parts benefit.

South Korea โ†’ India Trade Highlights

  • โ†’India-Korea CEPA provides preferential access for ~90% of products
  • โ†’Electronics and auto parts benefit from significant tariff reductions
  • โ†’India has raised concerns about trade deficit under CEPA โ€” review ongoing
  • โ†’South Korea is a major investor in Indian manufacturing (Hyundai, Samsung, LG)
  • โ†’Steel products have preferential rates but with safeguard provisions

Key Products: South Korea โ†’ India

India MFN rates ยท CIF basis ยท click for full breakdown

ProductHS CodeMFN DutyFTA Rate
Passenger Cars870360โ€“100%โ€”Details โ†’
Automotive Parts & Components870815%โ€”Details โ†’
Tyres & Pneumatic Tyres401125%โ€”Details โ†’
Steel Flat Products7208โ€“72117.5โ€“12%โ€”Details โ†’
Electronic Components8534 / 85420โ€“10%โ€”Details โ†’

How Import Duty Is Calculated

1

CIF value

Product cost + international freight + insurance

2

Import duty (tariff rate)

MFN rate applies, or preferential rate under India-Korea CEPA if rules of origin are met

3

IGST (18%)

Charged on CIF value + duty. Collected at customs clearance.

Use our Import Duty Calculator or Landed Cost Calculator for a full cost breakdown.