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of <h1>Australia FTA Update: New Tariff Preferences for Coking Coal and Raw Cotton Under Finance Act 2023.</h1> The notification amends the Australia Free Trade Agreement (FTA) concerning tariff preferences for Coking Coal and Raw Cotton, as per the Finance Act, 2023. Issued by the Ministry of Finance, it modifies the previous notification No. 62/2022-Customs. Changes include the omission of certain entries in Table II, substitution of entries for Coking Coal, and new entries for tariff codes 27011290 and 27011910. In Table IV, it updates entries for Raw Cotton with specific staple lengths. These amendments are made under the Customs Act, 1962, to serve the public interest.
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