Govt amends BCD and AIDC Rates in Table 2 of India – UAE CEPA

The Indian government has revised the Basic Customs Duty (BCD) and Additional Customs Duty (AIDC) rates in Table 2 of the India-UAE Comprehensive Economic Partnership Agreement (CEPA). The updates, effective from the date of notification, involve adjustments to the customs duties on various goods traded between India and the UAE. These changes aim to align with the broader trade and economic strategies under the CEPA, which seeks to enhance trade relations and economic cooperation between the two countries. The revised rates reflect a strategic move to optimize the benefits of the trade agreement, ensuring both nations leverage the partnership effectively.