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TMI BlogList of Free Trade Agreements (FTAs) / Preferential Trade Agreements (PTAs) signed by IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... resolution etc. 3. India- Sri Lanka FTA (ISLFTA) 28.12.1998 01.03.2000 Free Trade Agreement (FTA) between India and Sri Lanka was signed on 20.12.1998 and was operationalised in March, 2000 following notification of required Customs tariff concessions by Government of Sri Lanka and India. Procedure for import of certain listed items under ISLFTA is at Annexure-I 4. Agreement on South Asian Free Trade Area (SAFTA) (India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan Maldives and Afghanistan) 04.01. 2004 01.01.2006 Afghanistan became Eighth Member of SAARC from April, 2007 and the provisions of Trade Liberalization Programme (TLP) are applicable to Afghanistan w.e.f. 07.08.2011). 5. India - Thailand FTA - Early Harvest Scheme (EHS) 9.10.2003 01.09.2004 India and Thailand have signed protocol to implement Early Harvest Scheme under India- Thailand Free Trade Agreement on 01.09.2004.Tariff preferences for imports on items of Early Harvest Scheme would be available only to those products, which satisfy Rules of Origin Criteria, notified by Department of Revenue, Ministry of Finance, vide notification No.101/2004-Customs dated 31.08.2004. 6. India - Singapore Compreh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ran, Iraq, Libya, Malaysia, Mexico, Morocco, Mozambique, Myanmar, Nicaragua, Nigeria, Pakistan, Peru, Philippines, Republic of Korea, Romania, Singapore, Sri Lanka, Sudan, Thailand, Trinidad and Tobago, Tunisia, Tanzania, Venezuela, Viet Nam, Yugoslavia, Zimbabwe) April, 1988 April,1989 Under agreement establishing GSTP, tariff concessions are exchanged among developing countries, who have signed agreement. Presently, 46 countries are members of GSTP and India has exchanged tariff concessions with 12 countries on a limited number of products. EIC is sole agency authorised to issue CoO under GSTP. The Sao Paulo Round of the GSTP was concluded among 8 countries but only Cuba, India and Malaysia have ratified the Protocol as of October, 2014. 3 India - Afghanistan 06.03.2003 May, 2003 A Preferential Trade Agreement between Transitional Islamic State of Afghanistan and Republic of India was signed on 6.3.2003 and was operationalised with issuance of Customs Notification No 76/2003 dated 13.5.2003. EIC is sole agency to issue CoO under India Afghanistan Preferential Trade Agreement. 4 India - MERCOSUR 25.01.2004 01.06.2009 Through this PTA, India and MERCOSUR have agreed to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n India. (e) All applications for grant of import authorisation shall be sent only through e-mail at [email protected] in the prescribed format as given below: SI. No. Name and Registered office address of the applicant IEC No. Item sought to be imported ITC (HS) Code Qty. applied for (MTs) CIF value (Rs.) & Fee Date of submission of the application Name of Regional Authority through which license would be obtained (f) Allocation will be made equally among the eligible applicant subject to quantity applied. The application in ANF 2M and ANF1 along with the requisite fee is required to be filed online as per the procedure laid down in Trade Notice No. 49 dated 15.03.2019. The application should be sent by 28th February of the financial year.] 3[Annexure-II Procedure for import of Crude Soya Oil (HS Code: 15071000) under India Mercosur Trade Agreement. i. The total quantum of import of Crude Soya Oil that can be imported under India- Mercosur Preferential Trade Agreement shall be as under: Sl. No. ITC (HS) Code Description of goods Total aggregate quantity that is available for import under India-Mercosur Preferential Trade Agreement 1. 1507 10 00 Crude Soy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tons 9. 17011490 Specialty Sugar 15000 tons 10. 22030000 Beer made from malt. 2,000,000 litres 11. 22060000 Fruit Wine: Other fermented beverages (for example, cider, perry, mead, sake);mixtures of fermented beverages and mixtures of fermented beverages and non- alcoholic beverages, not elsewhere specified or included. 5000 litres 12. 22084011 In containers holding 2 l or less: ---- Rum 1.50 million litres 13. 22084012 In containers holding 2 l or less: ---- Other 1.50 million litres 14. 22084091 Other Rum 1.50 million litres 15. 22084092 Other other 1.50 million litres 16. 6102; 6103; 6104; 6105; 6106; 6109;6110; 6111; 6112 and 6203; 6304; Articles of Apparel and Clothing Accessories.* 7.5 million pieces** *Details of the HS Codes as in Table 3 of the Customs Notification mentioned above. ** Out of total quota of 7.5 million pieces, at least 5 million pieces of aggregate of all such items should have been manufactured from yarn/fabric sourced from India. ii. These imports will be permitted subject to the following arrangements/ procedure:- a. Import would be subject to Government of India, Ministry of Finance (Department of Revenue) Notif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 61,500 MT) 3.75 (TRQ - 67,500 MT) 3.75 (TRQ - 86,300 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 39011020 Low density poly-ethylene (LDPE) 7.5 39011090 Other Poly-ethylene having a specific gravity of less than 0.94 7.5 39012000 Poly-ethylene having a specific gravity of 0.94 or more 7.5 TR of 50% in 5 years with specified year-wise TRQs 7.0 (TRQ - 150,00 0 MT) 6.5 (TRQ - 168,00 0 MT) 6.0 (TRQ - 186,00 0 MT) 5.0 (TRQ - 204,00 0 MT) 3.75 (TRQ - 222,00 0 MT) 3.75 (TRQ - 252,00 0 MT) 3.75 (TRQ - 285,00 0 MT) 3.75 (TRQ - 285,00 0 MT) 3.75 (TRQ - 285,00 0 MT) 3.75 (TRQ - 285,00 0 MT) 39014010 Linear low-density poly-ethylene (LLDPE), in which ethylene monomer unit con-tributes less than 95 % by weight of the total polymer content 7.5 TR of 50% in 5 years with specified year-wise TRQs 7.0 (TRQ - 45,000 MT) 6.5 (TRQ - 50,500 MT) 6.0 (TRQ - 56,000 MT) 5.0 (TRQ - 61,500 MT) 3.75 (TRQ - 67,500 MT) 3.75 (TRQ - 86,300 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 3.75 (TRQ - 105,00 0 MT) 39014090 Other Ethylene-alpha-olefin co-polymers, having a specific gravi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... solute duty re-duction over the applied rate (TRQ of 120 tonnes) 1% ab-solute duty re-duction over the applied rate (TRQ of 140 tonnes) 1% ab-solute duty re-duction over the applied rate (TRQ of 160 tonnes) 1% ab-solute duty re-duction over the applied rate (TRQ of 180 tonnes) 1% ab-solute duty re-duction over the applied rate (TRQ of 200 tonnes) 1% ab-solute duty re-duction over the applied rate (TRQ of 200 tonnes) 1% ab-solute duty re-duction over the applied rate (T RQ of 200 tonnes) 1% ab-solute duty re-duction over the applied rate (T RQ of 200 tonnes) 1% ab-solute duty re-duction over the applied rate (T RQ of 200 tonnes) 1% ab-solute duty re-duction over the applied rate (T RQ of 200 tonnes) 71081200 Other un-wrought forms of non-monetary gold 10 71081300 Other semi- manu-factured forms of non-monetary gold 10 71131910 Articles of jewellery of gold, unstudded 20 TR (TRQ of 2.5 Tonnes) 19 (TRQ of 2100 kg) 18 (TRQ of 2200 kg) 17 (TRQ of 2300 kg) 16 (TRQ of 2400 kg) 15 (TRQ of 2500 kg) 15 (TRQ of 2500 kg) 15 (TRQ of 2500 kg) 15 (TRQ of 2500 kg) 15 (TRQ of 2500 kg) 15 (TRQ of 2500 kg) 71131920 Articles of jewellery of gold, set with pearls 20 711 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... last date for applications for annual allocation for FY 2023-24 and onwards shall be 28th February of the previous financial year. f. [deleted] g. 11[****] vii. Import of Gold Dore under TRQ shall not be considered. h. Reference Notification No. 22/2022-Customs dated 30th April 2022, for Gold TRQ imports under 7108, may be affected by the TRQ holder through Nominated Agencies as notified by RBI (in case of banks), nominated agencies notified by DGFT or Qualified Jewellers as notified by International Financial Services Centres Authority (IFSCA). I. [deleted] j. [deleted] k. [deleted] l. The TRQ authorisation shall contain the name and address of the importer, Importer -Exporter Code (IEC), Customs notification number, tariff item as applicable, quantity and validity period of the certificate. m. The TRQ authorisation shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES). n. Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system or on debit as endorsed. o. In addition to the requirements as above, the TRQ authorization for items under Tariff hea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se agreement from one of the eligible exporter of Vanaspati in Sri Lanka. The pre-purchase agreement must indicate the quantity and the duration of fulfillment of the contract. The list of eligible exporting entities of the item from Sri Lanka shall be decided by the Govt. of Sri Lanka. (c) At the time of clearance of the import consignment, the importer in India must produce a Certificate of Origin issued by concerned authorities in Sri Lanka. (d) The year in respect of these imports will be the period from 1st April to 31st March, i.e. financial year of India. (e) All applications for grant of import authorisation shall be sent only through E-mail at [email protected] in the prescribed format as given below: Sl. No Name and Registered office address of the applicant IEC No. Item sought to be imported ITC(HS) Code Qty. applied for (MTs) CIF value (Rs.) & Fee Date of submission of the application in ANF2B along with Fee deposited in RA Name of Regional Authority (f) Allocation will be made equally among the eligible applicant subject to quantity applied. The application in ANF2M and ANF1 along with the requisite fee is required to be filed in the concerned RA as per t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia must produce a Certificate of Origin issued by concerned authorities in UAE. c. The year in respect of these imports will be the period from 1st April to 31st March, i.e., financial year in India. d. All applications for grant of TRQ authorizations shall be submitted online through the DGFT website (https://dgft.gov.in) --> Import Management System Tariff Rate Quota (TRQ) e. TRQ limit to be proportioned annually. However, in case of Gold under tariff head 7108, allocation shall be proportioned on a quarterly basis. The application along with the requisite fee is required to be filed online. The last date for applications for annual allocation for FY 2023-24 and onwards shall be 28th February of the previous financial year. For Gold TRQs under 7108, the last date for applications for annual allocation for FY 2023-24 and onwards, shall be as follows - Application period TRQ Import Period 1st January to 28th February Q1- Apr to June 1st May to 31st May Q2 - July to September 1st August to 31st August Q3 - October to December 1st November to 30th November Q4 - January to March f. For the current FY 2022-23, applications are invited from 5th May 2022 to 18 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13, applicant must be a processor/manufacturer consuming the given inputs. GST returns or Udyam Registration or IEM registration may be accepted for qualifying as an eligible applicant as a proof of manufacturer. k. All allocations/TRQ licenses are valid only for that specific TRQ allocation period/ specific Quarter - TRQ license holders cannot carry over an allocation over from one TRQ allocation period to another. l. The TRQ authorisation shall contain the name and address of the importer, Importer -Exporter Code (IEC), Customs notification number, tariff item as applicable, quantity and validity period of the certificate. m. The TRQ authorisation shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES). However, for non-EDI Ports not integrated with ICES, the TRQ shall also be issued on Security Paper. n. Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system or on debit as endorsed. o. 8[In addition to the requirements as above, the TRQ authorization for items under Tariff head 7108 shall also contain Importer-Exporter Code (IEC) of nominated agencies as ..... X X X X Extracts X X X X X X X X Extracts X X X X
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