Amends Notification No.153/2009-cus, Exempts goods, when imported into India from the countries as specified in Appendix I, from so much of the duty of customs leviable thereon as is in excess of the prescribed rate - Preferential Trade Agreement between the Governments of Member States of the Assoc - 135/ 2010 - Customs - Customs -Tariff

India Revises Customs Duty Rates on Imports Under Preferential Trade Agreement, Effective January 1, 2011, Promoting International Trade

The Government of India has issued an amendment to Notification No. 153/2009-Customs, effective from January 1, 2011, under the Customs Act, 1962. This amendment modifies the customs duty rates on various goods imported from specified countries under a Preferential Trade Agreement. The updated table lists goods by chapter, heading, sub-heading, and tariff item, along with their respective duty rates, which range from 0% to 90%. The notification aims to exempt goods from customs duties exceeding the prescribed rates, promoting trade with member states of the specified association.