https://www.taxtmi.com/highlights?id=95708 Amends the operative schedule of tariff concessions applicable to imports under the India-EFTA (Iceland) arrangements by substituting the existing table in the earlier customs exemption notification with a revised table specifying item-wise Basic Customs Duty (BCD) rates and corresponding Agriculture Infrastructure and Development Cess (AIDC) and Health Cess rates (largely nil for AIDC and Health Cess) for the listed tariff items. The substituted table governs the concessional duties to be applied for covered goods, thereby altering the applicable customs duty incidence in accordance with the revised rates, with effect from 1 January 2026. en-us Sat, 03 Jan 2026 16:21:00 +0530 Sat, 03 Jan 2026 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=95708 Amends the operative schedule of tariff concessions applicable to imports under the India-EFTA (Iceland) arrangements by substituting the existing table in the earlier customs exemption notification with a revised table specifying item-wise Basic Customs Duty (BCD) rates and corresponding Agriculture Infrastructure and Development Cess (AIDC) and Health Cess rates (largely nil for AIDC and Health Cess) for the listed tariff items. The substituted table governs the concessional duties to be applied for covered goods, thereby altering the applicable customs duty incidence in accordance with the revised rates, with effect from 1 January 2026. Highlights Customs Sat, 03 Jan 2026 16:21:00 +0530 https://www.taxtmi.com/highlights?id=95708