Circular No.ES/289/2019-20 27th March, 2020
To: Members of the Council
Sub.: CBIC further deepens the tariff concessions under the India-Japan CEPA
Dear Member,
We would like to inform you that CBIC has issued Notification No.17/2020-Customs dated 25th March, 2020 by amending Notification No. 69/2011-Customs dated 29th July, 2011 to extend deeper tariff concessions to imports of specified goods from Japan under India-Japan CEPA (IJCEPA) w.e.f 1st April, 2020.
Relevant extract of the notification is given here- below:-
Sl. No.
|
Chapter, Heading, Sub-heading or Tariff Item
|
Description of goods
|
Existing Rate (%)
|
Revised rate (%)
|
372
|
5401 to 5402
|
All Goods
|
1.80
|
0.90
|
373
|
5403
|
All Goods
|
0.0
|
0.0
|
374
|
5404
|
All Goods
|
1.80
|
0.90
|
375
|
5405
|
All Goods
|
0.0
|
0.0
|
376
|
54060010
|
All Goods
|
1.80
|
0.90
|
377
|
54060020 to 54082120
|
All Goods
|
0.0
|
0.0
|
378
|
5501
|
All Goods
|
1.80
|
0.90
|
379
|
5502
|
All Goods
|
0.0
|
0.0
|
380
|
5503
|
All Goods
|
1.80
|
0.90
|
381
|
5504 to 5507
|
All Goods
|
0.0
|
0.0
|
382
|
5580810
|
All Goods
|
1.80
|
0.90
|
383
|
5580820 to 551694
|
All Goods
|
0.0
|
0.0
|
384
|
Chapter 56 to 63
|
All Goods
|
0.0
|
0.0
|
Members may kindly make a note of the above.
Thanking you,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR