India allows duty-free imports from Afghanistan

PTI Updated - March 12, 2018 at 11:54 AM.

India has extended duty-free market access to Afghanistan as part of its economic package for least developed countries (LDCs).

Under the scheme, import of most products from the neighbouring country will be allowed at zero duty.

The Finance Ministry has issued a notification in this regard.

Duty-Free Tariff Preference (DFTP) scheme, launched by the Prime Minister, Dr Manmohan Singh, in 2008, provides preferential duty access on products comprising 92.5 per cent of global LDC exports.

The scheme grants duty-free access on 85 per cent of India’s total tariff lines. It is to be implemented over a period of five years through five equal tariff reductions of 20 per cent each on the current applied rates to bring down the duty rate to zero.

Some of the products of interest for LDCs which are covered include cotton, cocoa, aluminium ore, copper ore, cashewnut, cane sugar, readymade garments, fish fillets and non-industrial diamonds.

The countries which have been notified under the DFTP scheme include Cambodia, Tanzania, Uganda, Rwanda and Madagascar.

Published on June 3, 2011 09:33