Customs tariff change clarifies duty treatment of electrical energy from SEZs to domestic areas versus other goods. Amendments revise tariff entries for Chapter 2716, distinguishing electrical energy removed from a Special Economic Zone into the Domestic Tariff Area or ... Summary
Customs tariff change clarifies duty treatment of electrical energy from SEZs to domestic areas versus other goods.
Amendments revise tariff entries for Chapter 2716, distinguishing electrical energy removed from a Special Economic Zone into the Domestic Tariff Area or non processing areas of a Special Economic Zone for a specified standard rate while treating all other goods under the chapter at a nil standard rate; a further insertion in the First Schedule specifies that all goods of Chapter 2716 are chargeable at a nil standard rate, thereby modifying the Schedules to the relevant Customs notifications and clarifying tariff treatment and classification.
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