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of <h1>India Amends Customs Notification to Boost Duty-Free Tariff Preference for Least Developed Countries.</h1> Notification No. 90/2011-Customs, issued by the Government of India on 16th September 2011, amends Notification No. 96/2008-Customs to enhance concessions under the Duty-Free Tariff Preference (DFTP) scheme for Least Developed Countries (LDCs). The amendment reduces the initial concession rate from 40% to 20% and adjusts various rates in Appendix I, increasing them significantly. For example, a 6% rate is now 8%, a 9% rate is now 12%, and so forth, culminating in a 60% rate being increased to 80%. These changes aim to provide deeper tariff concessions to benefit LDCs.
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