Customs on import from China Korea Bangladesh & Lanka lowered
AIT News Network
NEW DELHI. The Government has lowered Customs duty on import of 464 Products from China Korea SriLanka & Bangladesh with effect from 1st September 2006 under Asia –Pacific Trade Agreement(earlier known as Bangkok Agreement) vide Customs Tariff Notification No.89 .China Korea SriLanka & Bangladesh have also lowered Customs on Indian goods on reciprocal basis.
Rules of Determination of Origin of Goods under the Asia-Pacific Trade Agreement, (formerly known as the Bangkok Agreement ) Rules, 2006 have also been notified vide Customs Non-Tariff Notification No.94
The list of products and the extent of tariff concessions are as under:
On import from China Korea and Srilanka
S.No
Chapter, Heading No., Sub-Heading No., or tariff item
Description of goods
Extent of tariff concession (percentage of applied duty)
(1)
(2)
(3)
(4)
Part A
1
0301 to 0306
All goods
100
2
0801 11 00
14
3
0907
71
4
0908 10
5
0908 20 00
6
1513 19 00
7
1520 00 00
Glycerine (crude)
8
1703
33
9
1801 00 00
29
10
2504 10
11
2504 90
12
2510
13
2529 21 00
20
2529 22 00
15
2613 10 00
16
2803
17
2804 61 00
18
2804 70
19
2818 10 00
2820 10 00
21
2825 30
22
2825 60
23
2825 70
24
2825 80 00
25
2825 90
26
2826 90 00
27
2827 49 00
28
2835 10
2835 25 00
30
2901 10 00
31
2902 19 00
32
2902 90
2903 30
34
2903 49
35
2903 69
36
2905 45 00
37
2912 41 00
38
2912 49
39
2914 29
40
2914 50 00
41
2914 69
42
2915 50 00
43
2915 90
44
2916 12
45
2916 19
46
2916 39
47
2921 45
48
2922 21
49
2922 49
50
2926 20 00
51
2926 90 00
52
2930 90
53