Seeks to amend notification No. 53/2011-Customs dated 01st 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) w.e.f. 01.01.2016 and to carry out editorial changes as a result of HS 2017 changes - 65/2016 - Customs -Tariff
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Tariff concessions under India Malaysia CECA: revised customs tariff schedule substituted and HS classification updated, affecting import rates. Substitutes the Table in Notification No.53/2011 Customs with a revised tariff schedule specifying concession rates for listed chapters, headings and sub headings; provides deeper tariff concessions for specified goods imported from Malaysia under the India Malaysia CECA and incorporates editorial changes consequent to HS 2017; the notification records the referenced w.e.f. date for concessions and includes a statutory commencement clause.
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Tariff concessions under India Malaysia CECA: revised customs tariff schedule substituted and HS classification updated, affecting import rates.
Substitutes the Table in Notification No.53/2011 Customs with a revised tariff schedule specifying concession rates for listed chapters, headings and sub headings; provides deeper tariff concessions for specified goods imported from Malaysia under the India Malaysia CECA and incorporates editorial changes consequent to HS 2017; the notification records the referenced w.e.f. date for concessions and includes a statutory commencement clause.
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