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Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2016. - 60/2015 - Customs -Tariff
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Tariff concessions under India-Korea CEPA expand preferential customs rates for specified Korean imports, altering the notified tariff schedule. Substitutes the Table in Notification No.152/2009 Customs with a revised Table listing specified chapters, headings and tariff items imported from the Republic of Korea and prescribes concessional customs rates for those goods under the India-Korea CEPA; the amendment takes effect from 1st January, 2016 and thereby updates the schedule of preferential rates and related coverage.
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Tariff concessions under India-Korea CEPA expand preferential customs rates for specified Korean imports, altering the notified tariff schedule.
Substitutes the Table in Notification No.152/2009 Customs with a revised Table listing specified chapters, headings and tariff items imported from the Republic of Korea and prescribes concessional customs rates for those goods under the India-Korea CEPA; the amendment takes effect from 1st January, 2016 and thereby updates the schedule of preferential rates and related coverage.
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