| Custom Duties : Tyres |
| Normal rate of Basic Customs Duty (MFN) |
10% |
|
Preferential/ concessional Customs Duty
under Trade Agreements |
* Asian Pacific Trade Agreement
(formerly known as Bangkok Agreement) |
8.60% |
| * Indo Sri Lanka Free Trade Agreement |
Nil Duty |
* SAPTA ( SAARC Preferential Trading
Agreement) |
Nil Duty* 5%** |
* India Singapore Comprehensive
Economic Cooperation Agreement (CECA) |
Nil Duty (For Bias Tyres) |
* India South Korea CEPA
|
No Concession |
* ASEAN FTA |
9%(passenger car, truck / bus and scooter / motercycle) 7.5% (other categories of tyres). |