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Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2018 .

Circular No.ES/ 281 /2017-18                                                              December 27, 2017

To: Members of the Council

Sub: Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to provide deeper tariff concessions in respect of specified goods imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01.01.2018 .

Dear Member,

CBEC has issued Notification No. 95/ 2017- Customs dated 22.12.2017 by making amendments in the Notification No. 152/2009- Customs dated 31.12.2009 about exemption of Customs duty on certain goods when imported into India from the Republic of Korea

Relevant extract of the notification is given here- below:-

In the following serial numbers, for the entry in column (4), the entry ‘6.88” shall be substituted.

Sl. No.

Chapter, Heading, Sub-heading or Tariff Item

Description of goods

Existing Rate

Revised rate

426

551613 to 551621

   
     

 

All Goods

10.94

6.88

431

560290

All Goods

10.94

6.88

441

570292

All Goods

11.71

6.88

444

Chapter 58 (except 580632 and 580710)

All Goods

10.94

6.88

445

580710

All Goods

10.00

6.88

451

590800 to 591140

All Goods

10.94

6.88

464

610469

All Goods

10.94

6.88

469

610892

All Goods

11.71

6.88

470

610899

All Goods

10.94

6.88

473

6201 and 6202

All Goods

10.94

6.88

 

This notification shall come into force w.e.f. 01st January, 2018.

This is for your information.

Thanking You,

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR

 

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