CBIC amends 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 CEPA w.e.f. 01st January, 2019.

Circular No.ES/344/2018-19                                                             January 07, 2019

To: Members of the Council

Sub.:  CBIC amends 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 CEPA w.e.f. 01st January, 2019.

Dear Member,

We would like to inform you that CBIC has issued Notification No. 83/2018- Customs dated 31st December, 2018 by amending Notification No.152/2009-Customs dated 31st December, 2009 which was further amended by Notification No. 95/2017- Customs dated 22nd December, 2017 regarding  deeper tariff concessions on import of specified items  from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA) w.e.f. 01st January, 2019.

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

Sl. No.

Chapter, Heading, Sub-heading or Tariff Item

Description of goods

Existing Rate

Revised rate

426

551613 to 551621

All Goods

6.88

6.25

444

Chapter 58 (except 580632 and 580710)

All Goods

6.88

6.25

445

580710

All Goods

6.88

6.25

Members may kindly make a note of the above.

Thanking you,

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR

 

Subscribe to SRTEPC mailing list

Exchange Rates