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of <h1>India Announces Concessional Customs Duty for Imports Under Global Trade Preferences Agreement, 1988; Special Rates for Developing Countries.</h1> The notification outlines a concessional rate of customs duty for imports under the Agreement on the Global System of Trade Preferences Among Developing Countries, established by the Belgrade Agreement of 1988. The Central Government of India, under the Customs Act, 1962, provides exemptions on specified goods imported from certain developing countries. The notification specifies goods eligible for tariff concessions and lists countries from which imports can benefit. Additional exemptions apply for imports from less developed countries, contingent on proof of origin. The notification includes a detailed table of goods, their tariff headings, and the extent of concessions available.
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