Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India to Have Trade Tie up with Taiwan.


Date: 19-12-2011
Subject: India to Have Trade Tie up with Taiwan
Chennai, Dec 17 (PTI) India has begun steps to foster a trade agreement with Taiwan on the model of international customs document ATA carnet.

A top Indian official said the country is holding talks with the Taiwanese to establish a business set up on lines of ATA carnet that will facilitate temporarily import and export of goods without payment of normally applicable duties and taxes by March 2012.

"We are going to have a separate agreement with them (Taiwan). So that under the same conditions (with that of ATA carnet), we can send and receive goods," M Satish Kumar Reddy, Director (International Customs), Central Board of Excise and Customs said.

India is expecting the new set up to be operational by first quarter (of next year) possibly by March 2012, he said.

However, he said the talks in this regard were not done between the two governments but between two associations.

"It is not done as India and Taiwan. It is done in the name of an association. India-Taipei Association. Taipei Economic Association here. It is done between these two associations. In effect, it will be between the two governments," he said.

Since, Taiwan is strong in electronics, semi-conductors sectors, those sectors will be benefited, once it becomes operational, he said.

ATA Carnet is an international uniform customs document issued in 71 countries and it permits duty free temporary admission of goods into these countries without payment of duty and other customs formalities.

Source : news.in.msn.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001