VATupdate

US Formally Lifts Russia-Linked 25% Tariff on Indian Imports, Confirms 18% Reciprocal Rate

Summary The US has officially lifted the additional 25% punitive tariff on Indian imports imposed in 2025 over India’s purchases of Russian oil, effective 7 February 2026, with refunds to be processed by US Customs. [yahoo.com] President Trump...

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VATupdate Newsletter Week 5 2026

DATED January didn’t end. It simply gave up. After 31 days of dragging its feet, it quietly extended itself to 56, maybe 72. It’s the only month that seems to operate under flexible calendar rules. Which, as VAT...

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