SAARC Preferential Trading Arrangement Rules, 1995 – duty on imports raised
Notification No. 68/2000-Customs (N.T.)
In exercise of the powers conferred by sub-section (1) of the section 5 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules further to amend the Customs Tariff (Determination of origin of Goods under the Agreement on SAARC Preferential Trading Arrangement) Rules, 1995, namely:-
1. (1) These rules may be called the Customs Tariff (Determination of Origin of Goods under the Agreement on SAARC Preferential Trading Arrangement) Rules, 2000.
(2) They shall come into force on the date of their publication in the Official Gazette.
In the Schedule to the Customs Tariff (Determination of Origin of goods under the Agreement on SAARC Preferential Trading Arrangement) Rules, 1995.
(i) in paragraph 3, in sub-paragraph (a), for the figures and words ” 50 per cent”, the figures and words “60 per cent” shall be substituted;
(ii) in paragraph 4, for the figures and letters “60 per cent”, the figures and words ” 50 per cent” shall be substituted;
(iii) In paragraph 10, –
(a) For the figures and words “60 per cent” the figures and letters “70 per cent” shall be substituted;
(b) For the figures and words “50 per cent”, the figures and words “40 per cent”, shall be submitted.
