Reduces duty on goods covered under Bangkok Agreement and Preferential Areas Agreement in line with reduction in MFN rates - 010/2004 - Customs -Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Preferential tariff alignment reduces duties on goods under Bangkok and Preferential Areas agreements, updating ad valorem rates. Reduction of customs duties on imports covered by the Bangkok Agreement and the Preferential Areas Agreement to align preferential rates with reductions in most favoured nation tariff levels. The Central Government directs amendments to specified prior notifications by substituting updated ad valorem rates against enumerated item entries in the tariff tables, thereby recalibrating preferential duty treatment in line with MFN rate adjustments.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Preferential tariff alignment reduces duties on goods under Bangkok and Preferential Areas agreements, updating ad valorem rates.
Reduction of customs duties on imports covered by the Bangkok Agreement and the Preferential Areas Agreement to align preferential rates with reductions in most favoured nation tariff levels. The Central Government directs amendments to specified prior notifications by substituting updated ad valorem rates against enumerated item entries in the tariff tables, thereby recalibrating preferential duty treatment in line with MFN rate adjustments.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.