Seeks to give effect to first tranche of tariff concessions under India Australia ECTA – Notification No. 62/2022-Customs | Dated: 26th December, 2022.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 62/2022-Customs | Dated: 26th December, 2022
G.S.R.904(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts, –
(i) goods of the description as specified in column (3) of the TABLE I appended below and falling under the Tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in the corresponding entries in column (2) of the said TABLE, from so much of the duty of customs leviable thereon as is in excess of the amount calculated at the rate specified in the corresponding entries in column (4) of the said TABLE;
(ii) goods of the description as specified in column (3) of the TABLE II appended below and falling under the Tariff heading or Tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in the corresponding entries in column (2) of the said TABLE, from so much of the duty of customs leviable thereon as is in excess of the amount calculated at the rate specified in the corresponding entries in column (4) of the said TABLE and from so much of the Agriculture Infrastructure and Development Cess (AIDC) leviable under section 124 of the Finance Act, 2021 (13 of 2021), as is in excess of the amount calculated at the rate specified in the corresponding entries in column (5) of the said TABLE;
(iii) goods of the description specified in column (3) of the TABLE III appended below, and falling within the Tariff item of the First Schedule to the Customs Tariff Act, 1975, as are specified in the corresponding entries in column (2) of the said TABLE, in such quantity of total imports of such goods in a year, as specified in column (5) of the said TABLE, from so much of that portion of the applied rate of duty of customs leviable thereon as is specified in the corresponding entries in column (4) of the said TABLE, subject to any of the conditions, specified in the Annexure to this notification, the condition number of which is mentioned in the corresponding entries in column (6) of the said TABLE;
Explanation. – For the purposes of this condition, “applied rate of duty” means the sum of the standard rate of duty specified in the First Schedule to the Customs Tariff Act, 1975 and Agriculture Infrastructure and Development Cess leviable under section 124 of the Finance Act, 2021 (13 of 2021) in respect of the goods specified in the said TABLE, read with any other notification for the time being in force, issued in respect of such goods under sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962);
(iv) goods of the description specified in column (3) of the TABLE IV appended below, and falling within the Tariff item of the First Schedule to the Customs Tariff Act, 1975, as are specified in the corresponding entry in column (2) of the said TABLE, in such quantity of total imports of such goods in a year, as specified in column (4) of the said TABLE, from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the rate as specified in the corresponding entry in column (5) of the said TABLE and from so much of the Agriculture Infrastructure and Development Cess (AIDC) leviable under section 124 of the Finance Act, 2021 (13 of 2021), as is in excess of the amount calculated at the rate as specified in the corresponding entry in column (6) of the said TABLE (hereinafter referred to as the ‘In-quota AIDC rate’), subject to any of the conditions, specified in the Annexure to this notification, the condition number of which is mentioned in the corresponding entry in column (7) of the said TABLE, when imported into Republic of India from Australia:
Provided that the exemption shall be available only if importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the goods in respect of which the benefit of this exemption is claimed are of the origin of Australia, in terms of the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 and rules as may be notified in this regard by the Central Government by publication in the official Gazette.
TABLE II
| S. No. |
Tariff Item |
Description | BCD Rate in % (unless otherwise specified) | AIDC Rate in % (unless otherwise specified) |
| (1) | (2) | (3) | (4) | (5) |
| 1. | 07132090 | All goods | 1.4 | 50 |
| 2. | 15071000 | All goods | 10 | 20 |
| 3. | 15111000 | All goods | 10.4 | 17.5 |
| 4. | 22041000, 22042110, 22042120, 22042190, 22042210, 22042220, 22042290, 22042910, 22042920, 22042990, 22043000, 22051000, 22059000 | All goods having
a) CIF value for a 750ml bottle greater than or equal to 5 USD and less than 15 USD b) CIF value for a 750ml bottle greater than or equal to 15 USD |
0
0 |
100
75 |
| 5. | 27011100 | All goods | 0 | 0 |
| 6. | 27011200 | All goods | 0.5 | 1.5 |
| 7. | 2701 | Coking Coal | 0 | 0 |
| 8. | 27011920 | All goods | 0 | 0 |
| 9. | 27011990 | All goods | 0 | 0 |
| 10. | 27012010 | All goods | 0 | 0 |
| 11. | 27012090 | All goods | 0 | 0 |
| 12. | 27030010 | All goods | 0 | 0 |
| 13. | 27030090 | All goods | 0 | 0 |
| 14. | 31021000 | All goods | 0 | 3.3 |
| 15. | 31023000 | All goods | 0 | 3.3 |
| 16. | 31053000 | All goods | 0 | 0 |
Explanation. – For the purposes of this TABLE, “CIF value” means the assessable value as determined under section 14 of the Customs Act, 1962 (52 of 1962).
TABLE III
| S. No. | Tariff Item | Description | Extent of Tariff Concession (% of the applied rate of duty) | Tariff Rate Quota Quantity | Condition |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 1 | 07134000 | All goods | 50% | 1.5 Lakh Metric Tons | 1 |
| 2 | 08021100, 08021200 | All goods | 50% | 34000 Metric Tons | 1 |
| 3 | 08051000, 08052100 | All goods | 50% | 13700 Metric Tons | 1 |
| 4 | 08083000 | All goods | 50% | 3700 Metric Tons | 1 |
TABLE IV
| S.No | Tariff Item | Description | Tariff Rate Quota Quantity | In-quota tariff rate |
In- quota AIDC rate | Condition |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 1. | 52010020 | Extra Long Staple Cotton of minimum 28 mm staple length | 51,000 Metric Tons |
0% | 0% | 1 |
Explanation. – For the purposes of this notification, “year” means the period from the 1st January of any year to the 31st December of that year.
ANNEXURE
| Condition No. | Condition |
| (1) | (a) The TRQ is allotted to the importer by the Directorate General of Foreign Trade, in accordance with the relevant procedure as specified in the Hand Book of Procedure 2015-20.
(b) The TRQ authorisation shall contain name and address of the importer, Importer -Exporter Code (IEC), Customs notification number, tariff item as applicable, quantity and validity period of certificate. (c) The TRQ authorisation shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES). (d) Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system. |
2. This notification shall come into force with effect from the 29th day of December, 2022.
[F. No. CBIC-190354/236/2021-TRU]
NITISH KARNATAK, Under Secy.
