Seeks to further amend Notification No. 69/2011-Customs, dated 29th July, 2011 so as to provide a deepen the concessional rate of basic customs duty in respect of tariff item 8708 40 00 [gear box and parts thereof, of specified motor vehicles], w.e.f. 1st of January, 2019, when imported under the India-Japan Comprehensive Economic Partnership Agreement (IJCEPA). - 85/2018 - Customs -Tariff
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Concessional customs duty rate under IJCEPA for specified motor vehicle gearbox imports deepened, effective for future imports. Substitutes the previously notified concessional basic customs duty rate for gear boxes and parts of specified motor vehicles under the India-Japan Comprehensive Economic Partnership Agreement by amending the tariff table entry in Notification No.69/2011-Customs, thereby applying a deeper concessional rate to such imports under the agreement, effective from the commencement date specified in the amending notification.
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Provisions expressly mentioned in the judgment/order text.
Concessional customs duty rate under IJCEPA for specified motor vehicle gearbox imports deepened, effective for future imports.
Substitutes the previously notified concessional basic customs duty rate for gear boxes and parts of specified motor vehicles under the India-Japan Comprehensive Economic Partnership Agreement by amending the tariff table entry in Notification No.69/2011-Customs, thereby applying a deeper concessional rate to such imports under the agreement, effective from the commencement date specified in the amending notification.
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