Exemption of Import Duty on Items from ASEAN

Under the India-ASEAN Trade in Goods Agreement, tariff concessions have been offered by India on certain items imported from ASEAN courtiers. Details of these items and concessions thereof are in public domain.

The India-ASEAN Trade in Goods Agreement has so far been implemented between India and 8 ASEAN members. Member countries, namely Malaysia, Singapore, Thailand, Vietnam, Myanmar, Indonesia, Brunei and Lao PDR. India and ASEAN are currently negotiating an Investment Agreement that envisages protection and promotion of FDI between the parties.

The details of import duty collected on various items in India at present are available at htpp://www.cbec.gov.in/.

This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today.

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(Release ID :70763)