seeks to amend Notification No. 69/2011-Customs, dated 29th July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported under the India-Japan Comprehensive Economic Partnership Agreement (IJCEPA), w.e.f. 1st of April, 2016 - 28/2016 - Customs -Tariff
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Tariff concessions under IJCEPA: revised preferential import rates for listed goods, effective from the notification's commencement date. Notification substitutes the Table in Notification No.69/2011 Customs to provide revised preferential tariff rates for specified goods under the India-Japan Comprehensive Economic Partnership Agreement. Exercising powers under section 25(1) of the Customs Act, 1962, the Central Government lists HS code ranges and tariff items with their applicable percentage rates (including nil or reduced rates) to be applied for customs assessment and exemption claims under the IJCEPA preferential regime, and fixes the commencement date stated in the notification.
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Tariff concessions under IJCEPA: revised preferential import rates for listed goods, effective from the notification's commencement date.
Notification substitutes the Table in Notification No.69/2011 Customs to provide revised preferential tariff rates for specified goods under the India-Japan Comprehensive Economic Partnership Agreement. Exercising powers under section 25(1) of the Customs Act, 1962, the Central Government lists HS code ranges and tariff items with their applicable percentage rates (including nil or reduced rates) to be applied for customs assessment and exemption claims under the IJCEPA preferential regime, and fixes the commencement date stated in the notification.
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