Notification No. 67/2006 - Custom

30^th June 2006

Sub: Gives effect to SAFTA concessions

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table hereto annexed and falling under the Chapter, Heading, Sub-heading or Tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), and specified in the corresponding entry in column (2) of the said Table, from so much of the duty of customs leviable thereon, as is in excess of the amount calculated at the rate specified in

column (4) of the said Table, when imported into the Republic of India from a country listed in APPENDIX I; or

column (5) of the said Table, when imported into the Republic of India from a country listed in APPENDIX II .

Provided that the importer proves to the satisfaction of the Deputy Commissioner of Customs or Assistant Commissioner of Customs, as the case may be, that the goods in respect of which the benefit of this exemption is claimed are of the origin of the country listed in the said APPENDIX I or APPENDIX II, as the case may be, in accordance with the Rules of Determination of Origin of Goods under the Agreement on South Asian Free Trade Area (SAFTA), 2006, published in the notification of the Government of India in the Ministry of Finance (Department Revenue) No 75-Customs, (NT) dated the 30th June,2006.

2. Nothing contained in this notification shall be applicable to-

(i) goods specified in Annexure-I when imported into Republic of India from a country listed in APPENDIX I;

(ii) goods specified in Annexure-II when imported into Republic of India from a country listed in APPENDIX II; and

(iii) goods specified in Annexure-III.

3. For the purposes of this notification the rate specified in column (4) or column (5) shall be the ad valorem rate unless otherwise specified.

4. This notification shall come into force with effect from the 1st day of July 2006.

Table

APPENDIX I

APPENDIX II

ANNEXURE-I

ANNEXURE-II

ANNEXURE-III

F.No 354/42/2004-TRU