This notification, issued by the Ministry of Finance on March 25, 2020, further amends the Customs notification No. 69/2011-Customs. The purpose is to deepen the tariff concessions agreed upon in the India-Japan Comprehensive Economic Partnership Agreement (CEPA). A new table detailing these updated tariff rates for various goods has been substituted into the original notification.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 17/2020Customs
New Delhi, the 25th March, 2020
G.S.R. 215(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, on being satisfied that it is ne
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FAQ :
The notification aims to further amend Notification No. 69/2011-Customs to deepen the tariff concessions under the India-Japan Comprehensive Economic Partnership Agreement (CEPA).
It introduces changes by substituting a new table into the original notification, which details updated tariff rates for various goods.
This notification was issued on the 25th of March, 2020.
The notification amends the Government of India in the Ministry of Finance (Department of Revenue) notification No. 69/2011-Customs, dated the 29th July, 2011.
The amendments are made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, and are deemed necessary in the public interest.
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Notification No : 17/2020–CustomsPublished in Custom
Source : http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2020/cs-tarr2020/cs17-2020.pdf