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TMI BlogAIFTA related problemX X X X Extracts X X X X X X X X Extracts X X X X ..... AIFTA related problem X X X X Extracts X X X X X X X X Extracts X X X X ..... chemical from Thailand under free trade duty. We would like to understand that how much in terms of percentage should be used as a local raw material of Thailand in processing or manufacturing the p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... articular chemical. Say 50% or 60% or any other percentage. Is there some formula pricing wherein we can calculate our selves the right percentage to avoid problems. Request you to please check and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... update. Reply By Kishan Barai: The Reply: Approximately there is a need of 35% regional value content for AIFTA for most products imported from Thailand, but if you can provide us with your HS Code ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of chemical then we could help you with exact % you will need of local raw material. Reply By Rahul Lohia: The Reply: Dear Kishan Ji, Thank you for the information. Kindly check the below HS CODE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... require by you. 1) 28258000 2) 28259090 Reply By Kishan Barai: The Reply: Yes, the products would be duty free if imported from Thailand 35% RVC would be needed for HS Codes ASEAN-India Free T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rade Agreement Preferential Tariff certificate would be required from the supplier from Thailand to avail the benefits of 10% wave off of BCD, due to which SWS would also be removed. IGST Credit would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be available. X X X X Extracts X X X X X X X X Extracts X X X X
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