Import Tariff on Items imported from Singapore lowered
IN terms of Notification 10/2008-Cus dated January 15, 2008, as amended, items mentioned in the Table annexed to the notification when imported into India from the Republic of Singapore are subject to lower rates of Customs duty varying from 1.67% to 26.67%.
The initial notification contained 539 items which over the period had come down to 533.
Now, the notification is further amended. The Table to the notification has now been substituted and the lower rates of duties now applicable are in the range of 1.11% to 17.78%.
The goods earlier figuring against Serial no. 497 viz. Tariff Item 8708 6000 and attracting 0% has now been dropped from the new Table probably because there is no such Tariff Item now existing in the Customs Tariff. And so, there are a total of 532 items in this benefactor list.
Notification , dated: December 16, 2013