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. 01.01.2017 and to carry out editorial changes as a result of HS 2017 changes - 66/2016 - Customs -Tariff
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Tariff concessions under India-Korea CEPA expand preferential import rates and replace the prior tariff schedule. Substitution of the Table in Notification No.152/2009 Customs to prescribe itemised preferential tariff rates for specified goods imported from the Republic of Korea under the India-Korea CEPA, and to incorporate editorial revisions reflecting HS 2017 changes; effected under the powers conferred by the Customs Act and made effective from the specified commencement date.
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Provisions expressly mentioned in the judgment/order text.
Tariff concessions under India-Korea CEPA expand preferential import rates and replace the prior tariff schedule.
Substitution of the Table in Notification No.152/2009 Customs to prescribe itemised preferential tariff rates for specified goods imported from the Republic of Korea under the India-Korea CEPA, and to incorporate editorial revisions reflecting HS 2017 changes; effected under the powers conferred by the Customs Act and made effective from the specified commencement date.
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