Consolidation of trade agreements with other countries

[chaganti srinivas]

Is there any duty differences in customs while importing material from countires having trade agreements and with other countries. Where can i get the consolidation of Trade agreements with other countreis and the benifits of customs, any books or web sites? please help.

[Surender Gupta]

Though there are various sources are available on the subject, but you can also find the rate of concessional duty on import of goods under various categories - see customs sections - exemption notifiction - Currently Effective Exemption Notifications Categorywise - IMPORTS FROM PREFERENTIAL AND/OR DEVELOPING AREAS AND SPECIFIED COUNTRIES

AI Summary

Concessional customs duty: check exemption notifications for preferential imports and conditions to claim duty concessions. Entitlement to concessional duty for imports from countries with trade agreements depends on qualification under the terms of those agreements and the conditions in customs exemption notifications. Consolidated concessional duty rates and the procedural conditions for claiming preferential treatment are published in the exemption notification category 'IMPORTS FROM PREFERENTIAL AND/OR DEVELOPING AREAS AND SPECIFIED COUNTRIES,' which should be consulted for applicable duties and requirements.