India levies 200pc customs duty on Pakistan imports

India has hiked customs duties on imports from Pakistan to 200 per cent following a terror attack that killed 44 paramilitary policemen in Kashmir's Pulwama, reports NDTV.

The move came after India withdrew the 'Most Favoured Nation' status it had previously granted to its neighbour.

The Indian government has also announced it will make diplomatic moves to isolate Pakistan on the international stage.

"India has withdrawn MFN status to Pakistan after the Pulwama incident.

Upon withdrawal, basic customs duty on all goods exported from Pakistan to India has been raised to 200 per cent with immediate effect," Indian Minister Finance and Corporate Affairs Arun Jaitley tweeted on Saturday evening.

India had granted MFN status, which ensures non-discriminatory trade between two countries, to Pakistan in 1996. Though Pakistan was required to reciprocate the status as a member of the World Trade Organisation, it did not do so.

The bilateral trade between the two countries stands at only $2 billion a year, rendering India's move largely symbolic.