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of <h1>India Exempts Korean Imports from Excess Customs Duties; Effective January 2010, Latest Amendments from October 2023.</h1> The Indian government has issued a notification exempting goods imported from the Republic of Korea from customs duties exceeding specified rates. This exemption is effective from January 1, 2010, under the Customs Act of 1962, and applies to goods listed in a detailed table within the notification. Importers must prove the Korean origin of goods to the satisfaction of customs officials to benefit from this exemption. The notification includes provisions for bilateral safeguard measures and has been subject to multiple amendments over the years, with the latest changes effective from October 10, 2023.
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