Dear Sir,
Please provide the details of exemption of custom duty for imports from Malyasia to india under HS code number 39011000.
Thanks & regards,
Shiv
Customs Duty Exemption for Malaysian Imports: Preferential Rates with Country of Origin Certificate; HS Codes Discussed. A discussion on a forum addressed the exemption of customs duty for imports from Malaysia to India under specific HS codes. Participants clarified that under the Preferential Trade Agreement, goods imported from Malaysia, Thailand, and Singapore can be cleared at preferential rates, provided a country of origin certificate is presented. The preferential duty rate was debated, with one participant stating it is 5% for Malaysia and another suggesting 2.8% for Singapore. Additional inquiries included customs duty exemptions for different HS codes and registration requirements for importing goods at concessional rates. (AI Summary)
Customs - Exim - SEZ