ANNOUNCEMENT 20 Mar 2009On 20 March 2009, vide Notification No.24/2009, the Government of India revised the list of countries eligible for Market-Linked Tariff Concessions (MLTC). The Indian Government offers MLTC to countries that are listed in Notification No.96/2008-Customs, dated 13 August 2008, as amended from time to time. Goods imported from the listed countries enjoy a general 20% concession on customs duty, calculated upon the applied rate of duty. This concession does not apply to goods specifically mentioned in Appendix I and II of Notification No.96/2008-Customs. Appendix I goods enjoy concessions at the rates specified in the said Appendix; whereas Appendix II goods do not receive any concession.
NUMBER OF INTERVENTIONS
Notification No. 24/2009-Customs