Indo-Malaysia PTA Concessional Duty Revised

[Customs Notification No. 84 dated 31st December 2018]

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. 01.01.2019.

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, vide number G.S.R. 499 (E), dated the 1st July, 2011, namely:-

In the said notification, in the Table,-

(i) against Sl. No. 84, for the entry in column (4), the entry “50.0”, shall be substituted;

(ii) against Sl. No.85, for the entry in column (4), the entry “50.0”, shall be substituted;

(iii)against Sl. No. 87, for the entry in column (4), the entry”51.0”, shall be substituted;

(iv) against Sl. No.129, for the entry in column (4), the entry “40.0”, shall be substituted;

(v) against Sl. No. 130, for the entry in column (4), the entry “45.0”, shall be substituted;

(vi) against Sl. No. 134, for the entry in column (4), the entry”45.0”, shall be substituted;

(vii) against Sl. No. 135, for the entry in column (4), the entry”45.0”, shall be substituted;

(viii) against Sl. No. 136, for the entry in column (4), the entry “45.0”, shall be substituted.

2. This notification shall come into force with effect from the 1st day of January, 2019.

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