Indo-Malaysia PTA Duty Cut -

·      Coffee to 45% from 50%

·      Black Tea to 45% from 50%

·      Pepper to 50% from 51%

·      Crude Palm Oil to 37.50% from 40%

[Notification No. 42/2019-Customs dated 31 December 2019]

Seeks to amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2020.

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, 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.53/2011-Customs, dated the 1st July, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 499 (E), dated the 1st July, 2011, namely:-

In the said notification, in the Table,-

(i)     against serial number 84, for the entry in column (4), the entry “45.0”, shall be substituted;

(ii)    against serial number 85, for the entry in column (4), the entry “45.0”, shall be substituted;

(iii)   against serial number 87, for the entry in column (4), the entry”50.0”, shall be substituted;

(iv)  against serial number 129, for the entry in column (4), the entry “37.50”, shall be substituted;

(v)    against serial number 324, in column (2), for the figures “2915 90 30”, the figures “2915 9091” shall be substituted;

(vi)  against serial number 351, in column (2), for the figures “29209099”, the figures “29209000” shall be substituted;

(vii) against serial number 486, in column (2), for the figures “3901 40 00”, the figures “3901 40” shall be substituted;

(vii)  against serial number 1427, in column (2), for the figures “852560”, the figures “8525 60 00” shall be substituted;

(ix) against serial number 1432, in column (2), for the figures “85279911”, the figures “85279900” shall be substituted;

(x) against serial number 1433, in column (2), for the figures “85279912”, the figures “85284200” shall be substituted.

2. This notification shall come into force with effect from the 1st day of January, 2020.

[F. No. 354/43/2009-TRU (Pt.-I)]