Seeks to amend Notification No. 43/2025-Customs, dated the 30th September, 2025 - Amends the first tranche of tariff concessions under India-EFTA (Iceland) - 53/2025 - Customs -Tariff
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India EFTA (Iceland) tariff concessions amended: substituted tariff schedule prescribing duty and cess rates, effective 1 Jan 2026. Central Government amends Notification No. 43/2025 Customs by substituting the TABLE with a revised tariff schedule prescribing Basic Customs Duty, Agricultural Infrastructure and Development Cess and Health Cess rates against a comprehensive list of tariff items (HS codes), including multiple zero duty entries and specified percentage rates; the change implements the first tranche of India EFTA (Iceland) tariff concessions and takes effect from 1 January 2026.
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India EFTA (Iceland) tariff concessions amended: substituted tariff schedule prescribing duty and cess rates, effective 1 Jan 2026.
Central Government amends Notification No. 43/2025 Customs by substituting the TABLE with a revised tariff schedule prescribing Basic Customs Duty, Agricultural Infrastructure and Development Cess and Health Cess rates against a comprehensive list of tariff items (HS codes), including multiple zero duty entries and specified percentage rates; the change implements the first tranche of India EFTA (Iceland) tariff concessions and takes effect from 1 January 2026.
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