Search Result for : Duty Free Tariff

India and Tanzania agreed to enhance sectoral cooperation

The Dollar Business Bureau India and Tanzania on Tuesday agreed to enhance sectoral cooperation at the fourth session of the India-Tanzania Joint Trade Committee meeting held in New Delhi. It was decided that the cooperation would be based on the needs of therespective sides and comparative advantage for mutual benefit. Tanzania is a beneficiary of the Indian Duty Free Tariff Preference Scheme, which has considerably boosted the exports from Tanzania to India in past few years, said an official release from the Ministry of Commerce. At the meeting, Commerce and Industry Minister Nirmala Sitharaman led the Indian delegation and the Tanzanian delegation was led by Charles John Mwijage, Minister for Industry, Trade and Investment of Tanzania. In her address, Sitharaman said, “India and Tanzania enjoy close ...

Govt extends deadline for duty free sugar import till June 30

The Dollar Business BureauThe government on Thursday extended the deadline for duty-free import of 5 lakh MT of raw sugar till June 30, 2017, from the current timeline of June 12.“TRQ (tariff rate quota) benefit (duty-free) shall be available up to and inclusive of June 30, 2017, as per Section 15 of the Customs Act, 1962,” DGFT said in a Notification No.02/2015-2020 dated April 13.Earlier, the government has allowed import of 5 lakh MT of raw sugar (under Exim Code 170114) to be imported by millers/refiners duty-free to boost domestic supply as the production is likely to decline to 20 million tonnes in the current marketing year of 2016-17 from 25 million tonnes a year ago.In order to further facilitate ...

Determination of Origin of Products under the Duty Free Tariff Preference Scheme

Dated March 10, 2015 | Copy of | Notification No.29/2015-Customs (N.T.) | In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Tariff Act, 1975 (51 of 1975) and in supersession of the Customs Tariff [Determination of Origin of Products under the Duty Free Tariff Preference Scheme for Least Developed Countries] Rules, 2008, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely:- 1. Short title and commencement.- (1) These rules may be called the Customs Tariff (Determination of Origin of Products under the Duty Free Tariff Preference Scheme for Least Developed Countries) Rules, 2015. (2) They shall come into force on the ...

Amendments in Notification of duty free tariff preference for Least Developed Countries

Dated March 10, 2015 | Notification No. 12/2015-Customs | G.S.R. (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 makes the following amendments in the notification of the Government of India in the Ministry of Finance, Department of Revenue, No. 96/2008-Customs, dated the 13th August, 2008, published vide number G.S.R. 590 (E), dated the 13th August, 2008, namely:- In the said notification, in the opening paragraph, for the proviso, the following shall be substituted, namely:- “Provided that the importer proves to the satisfaction of the Assistant Commissioner of Customs or Deputy ...