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. 01.01.2019. - 84/2018 - Customs -Tariff
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Tariff concessions under IMCECA increased for specified Malaysian imports, applying deeper preferential customs rates under amended notification. Amendment revises concessional tariff entries in the Table of notification No. 53/2011 Customs by substituting new column (4) values for Sl. Nos. 84, 85, 87, 129, 130, 134, 135 and 136 to provide deeper tariff concessions for specified imports from Malaysia under IMCECA. The Central Government exercises statutory power under the Customs Act and declares the amendment effective from 1 January 2019 as a further amendment to the principal notification.
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Tariff concessions under IMCECA increased for specified Malaysian imports, applying deeper preferential customs rates under amended notification.
Amendment revises concessional tariff entries in the Table of notification No. 53/2011 Customs by substituting new column (4) values for Sl. Nos. 84, 85, 87, 129, 130, 134, 135 and 136 to provide deeper tariff concessions for specified imports from Malaysia under IMCECA. The Central Government exercises statutory power under the Customs Act and declares the amendment effective from 1 January 2019 as a further amendment to the principal notification.
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