Customs Tariff Amendment: third tranche under India UAE CEPA revises BCD, AIDC and quota schedules effective April implementation. Amendment substitutes TABLE I, TABLE II and TABLE III of Notification No. 22/2022 Customs with updated tariff listings: TABLE I revises tariff items with corresponding Basic Customs Duty (BCD) rates; TABLE II sets selected tariff items with BCD and AIDC rates; TABLE III prescribes quota quantities, in quota tariff rates and AIDC rates with conditions. The changes are effected under section 25(1) of the Customs Act, 1962 to implement the third tranche of the India UAE CEPA and come into force on 1st April, 2024.
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Customs Tariff Amendment: third tranche under India UAE CEPA revises BCD, AIDC and quota schedules effective April implementation.
Amendment substitutes TABLE I, TABLE II and TABLE III of Notification No. 22/2022 Customs with updated tariff listings: TABLE I revises tariff items with corresponding Basic Customs Duty (BCD) rates; TABLE II sets selected tariff items with BCD and AIDC rates; TABLE III prescribes quota quantities, in quota tariff rates and AIDC rates with conditions. The changes are effected under section 25(1) of the Customs Act, 1962 to implement the third tranche of the India UAE CEPA and come into force on 1st April, 2024.
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