Import from SAARC Countries under SAPTA - Clarification on Duty concession

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....tral Government has operationalised the SAARC Preferential Trading Arrangement (SAPTA) with effect from 7.12.95 with the issue of notification No. 165/95- Cus, dated 7.12.95 (copy enclosed)1. 2. Notification No. 165/95-Cus prescribes the percentage concession on the applied rate of basis customs duty in respect of specified goods. The applied rate is the tariff rate (standard rate in the First S....