Tariff Concessions amended to adopt Asia Pacific origin rules and replace the customs concession schedule via government notification. The Government, under section 25(1) of the Customs Act, 1962, replaces the prior Bangkok Agreement origin rules reference with the Rules of Determination of Origin of Goods under the Asia Pacific Trade Agreement, 2006, and substitutes the tariff concession TABLE in Notification No.72/2005-CUSTOMS with a revised schedule listing Chapter/Heading/tariff items and the extent of tariff concessions (percentages), structured into Part A for general tariff items and Part B for specified product descriptions with distinct concession rates.
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.
Tariff Concessions amended to adopt Asia Pacific origin rules and replace the customs concession schedule via government notification.
The Government, under section 25(1) of the Customs Act, 1962, replaces the prior Bangkok Agreement origin rules reference with the Rules of Determination of Origin of Goods under the Asia Pacific Trade Agreement, 2006, and substitutes the tariff concession TABLE in Notification No.72/2005-CUSTOMS with a revised schedule listing Chapter/Heading/tariff items and the extent of tariff concessions (percentages), structured into Part A for general tariff items and Part B for specified product descriptions with distinct concession rates.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
