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    India Free Trade Agreements with SAARC and SAFTA members and Other Countries.

    India Free Trade Agreement with Foreign Countries

    S.No Title
    1. Duty Free Tariff Preference Scheme for Least Developed Countries Rules, 2008
    2. India Afghanistan Free Trade Agreement
    3. India Bangladesh Free Trade Agreement
    4. India Bhutan Free Trade Agreement
    5. India Ceylon Free Trade Agreement
    6. India Chile Free Trade Agreement

    7. India Korea Free Trade Agreement
    8. India Maldives Free Trade Agreement
    9. India Myanmar Free Trade Agreement
    10. India Nepal Free Trade Agreement
    11. India Pakistan Free Trade Agreement
    12. India Singapore Economic Cooperation (Foreign Trade Agreement)
    13. India Sri Lanka Free Trade Agreement
    14. SAFTA Trade Agreement
    15. India Free Trade Agreement with Member MERCOSUR States
    16. Exemption of Customs duty on certain goods when imported into India from the Malaysia, Singapore & Thailand

    Current Engagements/ Negotiations

    1. Current Engagements of India in RTAs

    Agreements already concluded

    S. No Title
    1. Agreement of Cooperation with Nepal to Control Unauthorized Trade
    2. Agreement on Economic Cooperation between India and Finland
    3. Asia Pacific Trade Agreement APTA
    4. Comprehensive Economic Cooperation Agreement between India and Malaysia
    5. Global System of Trade Preferences GSTP
    6. India Chile PTA
    7. India ASEAN Agreements
    8. India Japan CEPA
    9. India Korea CEPA
    10. India MERCOSUR PTA
    11. India Nepal Trade Treaty
    12. India Sri Lanka FTA
    13. SAARC Agreement on Trade in Services SATIS
    14. Treaty of Transit between India and Nepal

    Other Agreements/ Negotiations

    S.No Title
    1. Agreements in the pipeline
    2. Framework Agreement with ASEAN
    3. Framework agreement with Chile
    4. Framework Agreement with GCC States
    5. Framework Agreement with Thailand
    6. India EU Trade and Investment Agreement TIA
    7. India US Trade Policy Forum Joint Statement
    8. India and Australia Joint Free Trade Agreement Feasibility Study
    9. India DPR Korea Trade Agreement
    10. India EU Strategic Partnership Joint Action Plan
    11. India Indonesia Joint Study Group Report
    12. India Korea Joint Study Group
    13. India Mongolia Trade Agreement
    14. India New Zealand Joint Study Report
    15. India United States Commercial Dialogue
    16. Joint Communique for setting up the India Russia Joint Task Force
    17. MOU between Establishing Border Haats across the Border between India and Bangladesh
    19. MOU between India and Viet Nam on the recognition of Vietnam as a Full Market Economy


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    What is New?

    Date: 26-09-2016
    Central Excise Notification No. 46/2016 CE (NT)
    Seeks to amend Notification No. 20/2016-CE (NT) dated 01.03.2016 [Central Excise (Removal of Goods at Concessional Rate of Duty for manufacture of Excisable and other Goods) Rules, 2016]

    Date: 26-09-2016
    Service Tax Notification No. 42/2016 (ST)
    Services by way of advancement of Yoga provided by entities registered under Section 12 AA of Income-tax Act, 1961.

    Date: 23-09-2016
    Trade Notice No. 18/2016
    Clarification in respect of definition of service provider under Common Service Providers (CSP) in Export Promotion Capital Goods (EPCG) scheme.

    Date: 23-09-2016
    Customs Notification No. 51/2016
    Seeks to further amend notification No.12/2012-Customs dated the 17th March, 2012, so as to: 1. Reduce import duty on potatoes from 30% to 10% up to 31.10.2016. 2. Reduce import duty on wheat from 25% to 10% up to 29.02.2017. 3. Reduce import duty on palm oil from 12.5% to 7.5% for crude palm oil of edible grade, and from 20% to 15% for refined palm oil of edible grade.

    Date: 23-09-2016
    DGFT Public Notice No. 33/2015-2020
    Amendment in ANF-5A [Applicationj for issue of EPCG Authorisation ] incorporating the guideline for designating/certifying a Common Service Provider (CSP) under Para 5.02 (b) of FTP 2015-20-reg.

    Date: 23-09-2016
    Customs Notification No. 52/2016
    Seeks to further amend three Customs notifications namely 104/2009-Cus, 16/2015-Cus and 17/2015

    Date: 23-09-2016
    Customs Circular No. 45/2016
    Explains option extended by DGFT for surrendering one benefit in case of simultaneous issuance of SHIS and Zero duty EPCG/PE EPCG

    Date: 22-09-2016
    Customs Notification No. 122/2016 (NT)
    Rate of exchange of conversion of the foreign currency with effect from 23rd September, 2016

    Date: 22-09-2016
    Customs Circular No. 44/2016
    Regarding setting up of 'Custom Clearance Facilitation Committee' (CCFC) for Land customs stations and Inland Container Depots-reg

    Date: 22-09-2016
    Trade Notice No. 17/2016
    Refund of Terminal Excise Duty(TED) under Deemed Exports where Duty has been paid from CENVAT Credit and ab-initio waiver is not availabe.

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