Press Information Bureau

Government of India

Ministry of Finance

27-June-2011 16:33 IST

Customs Notification issued adding Philippines as A Country Covered under India and ASEAN PTA

PRESS NOTE

The Department of Revenue, Ministry of Finance had issued Customs Notification No. 40/2011 Customs (N. T.) dated 24th June, 2011 notifying amendments in the Customs Tariff [Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India] Rules, 2009 notified vide notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 189/2009-Customs (N.T), dated the 31st December, 2009.

The above rules prescribe the rules of origin for the India-ASEAN Preferential Trade Agreement (PTA). Vide the present amendment, Philippines has been added as a country covered under India and ASEAN PTA.

Department of Revenue, Ministry of Finance

New Delhi: Ashadha 6, 1933; June 27, 2011

SS//PM

Rules of origin expansion: Philippines added to India-ASEAN PTA, extending preferential tariff coverage under amended customs rules. Customs Notification No. 40/2011 amends the Customs Tariff (Determination of Origin of Goods under the India-ASEAN PTA) Rules, 2009 to add the Philippines as a country covered by the agreement, so that the prescribed rules of origin now apply to goods originating in the Philippines for preferential tariff treatment under the India-ASEAN PTA.