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of <h1>India Amends Tariff Concessions for Korean Imports under CEPA, Effective January 1, 2015, Reducing Import Duties</h1> The Government of India has issued Notification No. 35/2014-Customs, dated December 29, 2014, amending Notification No. 152/2009-Customs to provide enhanced tariff concessions for specific goods imported from Korea under the India-Korea Comprehensive Economic Partnership Agreement. This amendment, effective from January 1, 2015, revises the tariff rates for a wide range of goods, including agricultural products, chemicals, textiles, machinery, and electronics, among others. The notification aims to promote trade between India and Korea by reducing import duties on these goods, thereby facilitating economic cooperation and growth.
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