Seeks to amend notification No. 53/2011-Cus dated 1st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA). - 47/2013 - Customs -Tariff
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Tariff concessions under IMCECA expanded, substituting the customs notification schedule to grant reduced duties on specified imports. Amends Notification No. 53/2011 Customs by substituting the entire tariff Table to provide deeper tariff concessions for specified goods from Malaysia under IMCECA; the Central Government, under section 25(1) of the Customs Act and in the public interest, issues a revised list of chapter/heading/tariff items with the applicable ad valorem rates, predominantly nil or reduced percentages, governing customs duty treatment for those imports.
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Provisions expressly mentioned in the judgment/order text.
Tariff concessions under IMCECA expanded, substituting the customs notification schedule to grant reduced duties on specified imports.
Amends Notification No. 53/2011 Customs by substituting the entire tariff Table to provide deeper tariff concessions for specified goods from Malaysia under IMCECA; the Central Government, under section 25(1) of the Customs Act and in the public interest, issues a revised list of chapter/heading/tariff items with the applicable ad valorem rates, predominantly nil or reduced percentages, governing customs duty treatment for those imports.
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