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of <h1>SAARC Trade Deal: Enjoy Reduced Customs Duties on Goods from Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka.</h1> The notification outlines a preferential duty rate for specific goods imported from Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka under the SAARC Preferential Trading Agreement. It exempts certain goods from the applied customs duty rate when imported from these countries, as specified in a detailed table. Additional exemptions apply to goods from Least Developed Countries listed in Appendix II. Importers must prove the origin of goods to the Assistant Commissioner of Customs to benefit from these exemptions. The notification specifies the extent of tariff concessions for various goods, ranging from 10% to 100%, depending on the product category.
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