To extend deeper tariff concessions to imports of specified goods from Japan

Last updated: 01 April 2021

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This notification from the Ministry of Finance announces further amendments to customs duties on specified goods imported from Japan. It details a revised table of goods with reduced tariff rates, effectively extending deeper tariff concessions. The changes aim to facilitate trade and provide economic benefits through lower import costs for a wide range of products.

MINISTRY OF FINANCE (Department of Revenue) New Delhi NotificationNo. 20/2021-Customs Dated: 30th March, 2021 G.S.R. 226(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 necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue),No.69/2011-Cu

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FAQ :

The purpose of this notification is to further amend customs duties by extending deeper tariff concessions to specified goods imported from Japan.

The notification lists a comprehensive table of goods, identified by their chapter, heading, subheading, or tariff item numbers, that are eligible for reduced tariff rates.

For all the specified goods listed in the notification, the new rate in percentage is 0.0, meaning they are subject to zero import duty.

This notification is issued in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, and is deemed necessary in the public interest.

The notification was issued on 30th March, 2021.