Concessional duty on tea and yeast under Sri Lanka FTA, conditioned on origin proof and annual tariff rate quota compliance. A concessional rate of duty of 7.5% ad valorem applies to specified tea and yeast imports from Sri Lanka under the Free Trade Agreement, exempting customs duty in excess of that rate subject to origin proof under the Customs Tariff determination rules and an annual Tariff Rate Quota measured from 1 January each calendar year; procedural compliance as specified by the Government of India is required.
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Provisions expressly mentioned in the judgment/order text.
Concessional duty on tea and yeast under Sri Lanka FTA, conditioned on origin proof and annual tariff rate quota compliance.
A concessional rate of duty of 7.5% ad valorem applies to specified tea and yeast imports from Sri Lanka under the Free Trade Agreement, exempting customs duty in excess of that rate subject to origin proof under the Customs Tariff determination rules and an annual Tariff Rate Quota measured from 1 January each calendar year; procedural compliance as specified by the Government of India is required.
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