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Notification Nos. 165/95-Cus, 166/95-Cus and 73/95-Cus (NT) all dated
7.12.95
Circular No. 125 dated 11th
December 1995
I am directed to
state that the Central Government has operationalised the SAARC Preferential
Trading Arrangement (SAPTA) with effect from 7.12.95 with the issue of
notification No. 165/95-Cus, dated 7.12.95 (copy enclosed).
2. Notification
No. 165/95-Cus prescribes the percentage concession on the applied rate of basis
customs duty in respect of specified goods. The applied rate is the tariff rate
(standard rate in the First Schedule) read with any other notification issued
under section 25(1) of the Customs Act, but excluding notification nos.
236/89-Cus, 26/96-Custom and 84/95-Cus. While the concessions mentioned in
column (4) of the notification to apply to imports from the SAARC countries
listed in Appendix I, the concessions specified in column (5) apply only to the
Least Developed SAARC countries listed in Appendix II to the Notification;
3. To
avail of the concessions under notification No. 165/95-Cus importers have to
provide proof of the origin of goods in terms of the customs Tariff
(Determination of Origin of Goods under the Agreement on SAARC Preferential
Trading Arrangement) Rules, 1995, which have been prescribed, vide Notification
No. 73/95-Cus. (NT) dated 7.12.95 [copy enclosed.]
4. Notification
No. 166/95-Cus dated 7.12.95 (copy enclosed) makes consequential amendments in
the GSTP notification No. 236/89-Cus. Henceforth, in the determination of
the standard rate under notification Nos. 26/95-Cus. 84/95-Cus and 165/95-Cus
will not be taken into account.
5. It is requested
to kindly ensure the smooth implementation of the SAARC Preferential Trading
Arrangement.
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