TaxTMI 
TaxTMI 
List of Free Trade Agreements (FTAs) / Preferential Trade Agreements (PTAs) signed by India
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....i Lanka FTA (ISLFTA) 28.12.1998 01.03.2000 Free Trade Agreement (FTA) between India and Sri Lanka was signed on 20.12.1998 and was operationalised in March 2000 following notification of required Customs tariff concessions by Government of Sri Lanka and India. Procedure for import of certain listed items under ISLFTA is at Annexure-I 4. Agreement on South Asian Free Trade Area (SAFTA) (India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan Maldives, and Afghanistan) 04.01.2004 01.01.2006 Afghanistan became Eighth Member of SAARC from April 2007 and the provisions of Trade Liberalization Programme (TLP) are applicable to Afghanistan w.e.f. 07.08.2011). 5. India - Thailand FTA - Early Harvest Scheme (EHS) 9.10.2003 01.09.2004 India and Thailand have signed protocol to implement Early Harvest Scheme under India- Thailand Free Trade Agreement on 01.09.2004. Tariff preferences for imports on items of Early Harvest Scheme would be available only to those products, which satisfy Rules of Origin Criteria, notified by Department of Revenue, Ministry of Finance, vide notification No. 101/2004-Customs dated 31.08.2004. 6. India - Singapore Comprehensive Economic Cooperation Agre....
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....The procedure for items listed under the TRQ is at Annexure -IV. 13. India-Australia Economic Cooperation and Trade Agreement (ECTA) 02.04.2022 29.12.2022 Under the India-Australia ECTA, following are the items included under the TRQ: Lentils, In-shell almonds, Shelled almonds, Oranges, Mandarins (including tangerines & satsumas), Pears and Extra Long Staple Cotton of minimum 28 mm staple length. (ii) Preferential Trade Agreements (PTAs) already signed and operational S.No. Name of the Agreement and the participating countries Date of Signing Date of Implementation Details 1 Asia Pacific Trade Agreement (APTA) (Bangladesh, China, India, Lao PDR, Republic of Korea, and Sri Lanka) July, 1975 (revised Agreement signed on 02.11.2005) 01.11.1976 APTA is a preferential trading arrangement designed to liberalise and expand trade in goods progressively in Economic and Social Commission for Asia and Pacific (ESCAP) region through liberalization of tariff and nontariff barriers. At present, Bangladesh, Sri Lanka, South Korea, India and China are exchanging tariff concessions under APTA. The 43rd Standing Session in May 2014 saw the accession of Mongolia into APTA. 2 Global ....
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....Handbook of Procedure (2022-27) Sl.No. ITC (HS) Code Description of goods Country Total aggregate quantity that is available for import 1. 1516,1517 or 1518 (other than 15161000, 15171010, 15179030 & 15180040 which are prohibited for import) Vanaspati, bakery shortening and margarine Sri Lanka 2,50,000MT 2. 0904 Pepper Sri Lanka 2500MT 3. 08011100 Desiccated Coconut Sri Lanka 500MT The imports procedure for the items will be permitted subject to the following arrangements/ procedure: - (a) The import would be subject to Government of India, Ministry of Finance (Department of Revenue) Notification No. 26/2000-Customs dated 1.3.2000 (as amended from time to time) relating to Indo-Sri Lanka Free Trade Agreement. (b) All applications must accompany a pre-purchase agreement from one of the eligible exporters of Vanaspati, bakery shortening and margarine in Sri Lanka. The pre-purchase agreement must indicate the quantity and the duration of fulfilment of the contract. The list of eligible exporting entities of the item from Sri Lanka shall be decided by the Govt. of Sri Lanka. (c) At the time of clearance of the import consignment, the importer in India must pr....
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.... subject to quantity applied. The application in ANF 2M and AND-1 along with the requisite fee is required to be filed online as per the procedure laid down in Trade Notice No. 49 dated 15.03.2019. the application should be sent by 28th February of the financial year, for allocation in the next financial year. ***** Annexure-III Imports of Items under the TRQ of the India- Mauritius CECPA (i) The total quantum of items that can be imported under India- Mauritius CECPA shall be as follows: S.No ITC(HS) Code Description Tariff Rate Quota Quantity (1) (2) (3) (4) 1. 06031900 Fresh: -- Other 15 tons 2. 08043000 Pineapples 1000 tons 3. 08109060 Lichi 250 tons 4. 09051000 Vanilla: Neither crushed nor ground 15 tons 5. 09052000 Vanilla: Crushed or ground 1 ton 6. 16041410 Tunas 7000 tons combined for all goods 7. 16041490 Other 8. 16042000 Other prepared or preserved fish 9. 17011490 Specialty Sugar 15000 tons 10. 22030000 Beer made from malt. 2,000,000 litres 11. 22060000 Fruit Wine: Other fermented beverages (for example, cider, perry, mead, sake); mixtures of fermented beverages and mixtures of fermented beverages and non-alcoholic b....
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....porter Code (IEC), Customs notification number, tariff item as applicable, quantity and validity period of the certificate. h. The TRQ authorisation shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES). i. Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system. ***** Annexure-IV Imports of Items under the TRQ of the India- UAE CEPA HS 8 Code Description Effective Rate (%) Tariff Modality Offered Schedule of Tariff Rate Concessions (%) 39011010 Linear low-density polyethylene (LLDPE), in which ethylene monomer unit contributes 95% or more by weight of the total polymer content 7.5 TR of 50% in 5 years with specified year-wise TRQs 7.0 (TRQ - 45,000 MT) 6.5 (TRQ - 50,500 MT) 6.0 (TRQ - 56,000 MT) 5.0 (TRQ - 61,500 MT) 3.75 (TRQ - 67,500 MT) 3.75 (TRQ - 86,300 MT) 3.75 (TRQ - 105,000 MT) 3.75 (TRQ - 105,000 MT) 3.75 (TRQ - 105,000 MT) 3.75 (TRQ - 105,000 MT) 39011020 Low density polyethylene (LDPE) 7.5 39011090 Other Polyethylene having a specific gravity of less than 0.94 7.5 39012000 Polyethylene having a specific gravity of 0.94....
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....5 5 5 39042100 Non-plasticised poly (vinyl chloride), mixed with other substances 10 9 8 7 6 5 5 5 5 5 5 39043010 Poly (vinyl derivatives) 10 9 8 7 6 5 5 5 5 5 5 39043090 Other Vinyl chloride-vinyl acetate copolymers 10 9 8 7 6 5 5 5 5 5 5 39046910 Poly (vinyl fluoride), in one of the forms mentioned in Note 6(b) to this Chapter 7.5 7 6.5 6 5 3.75 3.75 3.75 3.75 3.75 3.75 39049010 Chlorinated poly vinyl chloride (CPVC) resin 10 9 8 7 6 5 5 5 5 5 5 39049090 Other Polymers of vinyl chloride or of other halogenated olefins, in primary forms 7.5 7 6.5 6 5 3.75 3.75 3.75 3.75 3.75 3.75 71081100 Non-monetary gold powder 10 TR (Tariff concession/relief of 1% in absolute percentage terms, TRQ of 200 tons phased in 5 years) 1% absolute duty reduction over the applied rate (TRQ of 120 tonnes) 1% absolute duty reduction over the applied rate (TRQ of 140 tonnes) 1% absolute duty reduction over the applied rate (TRQ of 160 tonnes) 1% absolute duty reduction over the applied rate (TRQ of 180 tonnes) 1% absolute duty reduction over the applied rate (TRQ of 200 tonnes) 1% absolute duty reduction over the appl....
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.... (Department of Revenue) Notification No. 22/2022-Customs dated 30th April 2022 (as amended from time to time) relating to India-UAE CEPA. b. At the time of clearance of the import consignment, the importer in India must produce a Certificate of Origin issued by concerned authorities in UAE. c. The year in respect of these imports will be the period from 1st April to 31st March, i.e., financial year in India. d. All applications for grant of TRQ authorizations shall be submitted online through the DGFT website (https://dgft.gov.in) --> Import Management System -->Tariff Rate Quota (TRQ) e. TRQ limits to be proportioned annually. The application along with the requisite fee is required to be filed online. The last date for applications for annual allocation for FY 2023-24 and onwards shall be 28th February of the previous financial year. f. [deleted] g. For Gold TRQ under 7108, the following conditions shall be considered additionally: i. Eligible Applicant must be a jewellery manufacturer. ii. Eligible Applicant must be engaged in the business of goods falling under ITC(HS) codes 7108, 7113, 7114 and 7118 in Chapter 71 of ITC(HS). iii. Such Jewellery manufacturer ....
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....08) to end-use recipient and filing of monthly statement. The restrictions on job work are only relating to the case where it is undertaken on the goods belonging to importer and does not apply to the end use recipient who receives the goods on supply. Therefore, on receipt of goods under 7108, the TRQ holder may utilize the same for manufacture with or without job work. ***** Annexure-V Imports of Items under the TRQ of the India- Australia ECTA HS code Item Description In Quota rate (%) TRQ Quantity for Calendar year 2022 TRQ Quantity Calendar Year 2023 onwards 07134000 Lentils 50% of the applied rate of duty 1,233 MTs 1,50,000 MTs 08021100 In shell almonds 50% of the applied rate of duty 279 MTs 34,000 MTs 08021200 Shelled almonds 08051000 Oranges 50% of the applied rate of duty 113 MTs 13,700 MTs 08052100 Mandarins (including tangerines & satsumas) 08083000 Pears 50% of the applied rate of duty 30 MTs 3,700 MTs 1[52010020 DELETED ] 2[52010024 Cotton of minimum 28 mm staple length 0% duty 51,000 MTs 52010025 Cotton of minimum 28 mm staple length 0% duty 51,000 MTs] 2. Australia shall allocate TRQs to exporters or producers by i....