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The Ministry of Finance amended notification No. 22/2022-Customs relating to India-UAE CEPA through notification No. 08/2025-Customs dated February 1, 2025. Key changes include removal of multiple serial numbers from Table I and insertion of new entries in Table II covering various goods. Notable additions include new tariff rates for marble/stone products (8-20%), automotive items including CKD kits (10.5-20%), electric vehicles (10.5-35% based on assembly level), motorcycles (0-35% based on type and assembly), and certain electronic components (0%). The amendments aim to update preferential tariff treatment under the trade agreement while introducing differentiated duty structures based on value addition and assembly levels. The notification takes effect from February 2, 2025.
The Ministry of Finance amended notification No. 22/2022-Customs relating to India-UAE CEPA through notification No. 08/2025-Customs dated February 1, 2025. Key changes include removal of multiple serial numbers from Table I and insertion of new entries in Table II covering various goods. Notable additions include new tariff rates for marble/stone products (8-20%), automotive items including CKD kits (10.5-20%), electric vehicles (10.5-35% based on assembly level), motorcycles (0-35% based on type and assembly), and certain electronic components (0%). The amendments aim to update preferential tariff treatment under the trade agreement while introducing differentiated duty structures based on value addition and assembly levels. The notification takes effect from February 2, 2025.
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TaxTMI 
TaxTMI 
