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Seeks to prescribe the manner and modalities in respect of WTO committed in-quota tariffs on specified items - 28/2020 - Customs -Tariff

Extract

..... sponding entry in column (2) of the said Table in such quantity of total imports of such goods in a financial year, as specified in column (4) below (herein after referred to as the ‘tariff rate quota (TRQ) quantity’), when imported into India, from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (5) of the said Table (herein after referred to as the In-qu .....

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Seeks to prescribe the manner and modalities in respect of WTO committed in-quota tariffs on specified items - 28/2020 - Customs -Tariff

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..... RQ is allotted to the importer by the Directorate General of Foreign Trade, in accordance with paragraph 2.62 of the Handbook of Procedures, 2015-20. (b) The TRQ authorization shall contain name and address of the importer, IEC code, Customs notification No., sub-heading or tariff item as applicable, quantity and validity period of certificate. (c) The TRQ authorization shall be issued electronically by the Directorate General of Foreign Trade and transmitted to ICES system. (d) Imports made aga .....

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Seeks to prescribe the manner and modalities in respect of WTO committed in-quota tariffs on specified items - 28/2020 - Customs -Tariff

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