Import from SAARC Countries under SAPTA - Clarification on Duty concession

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..... ntral Government has operationalised the SAARC Preferential Trading Arrangement (SAPTA) with effect from 7.12.95 with the issue of notification No. 165/95- Cus, dated 7.12.95 (copy enclosed)1. 2. Notification No. 165/95-Cus prescribes the percentage concession on the applied rate of basis customs duty in respect of specified goods. The applied rate is the tariff rate (standard rate in the First .....

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..... ion No. 166/95-Cus dated 7.12.95 (copy enclosed) makes consequential amendments in the GSTP notification No. 236/89-Cus. Henceforth, in the determination of the standard rate under notification Nos. 26/95-Cus. 84/95-Cus and 165/95-Cus will not be taken into account. 5. It is requested to kindly ensure the smooth implementation of the SAARC Preferential Trading Arrangement. Sd/- (Rajiv Talwar) U .....

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