SAPTA duty concession requires proof of origin under customs rules to access preferential tariff treatment on imports. Operationalisation of the SAARC Preferential Trading Arrangement establishes percentage concessions on the applied rate of basic customs duty for goods from SAARC countries, with greater concessions for Least Developed SAARC members. Concessions apply only upon receipt of proof of origin under the Customs Tariff (Determination of Origin of Goods under SAPTA) Rules, 1995. Consequential amendments exclude certain prior notifications from the determination of the standard rate, and authorities are directed to ensure smooth implementation and compliance with the procedural requirements for claiming concessions.
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Provisions expressly mentioned in the judgment/order text.
SAPTA duty concession requires proof of origin under customs rules to access preferential tariff treatment on imports.
Operationalisation of the SAARC Preferential Trading Arrangement establishes percentage concessions on the applied rate of basic customs duty for goods from SAARC countries, with greater concessions for Least Developed SAARC members. Concessions apply only upon receipt of proof of origin under the Customs Tariff (Determination of Origin of Goods under SAPTA) Rules, 1995. Consequential amendments exclude certain prior notifications from the determination of the standard rate, and authorities are directed to ensure smooth implementation and compliance with the procedural requirements for claiming concessions.
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