Transcription of India’s Duty Free Tariff Preference (DFTP) Scheme …
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India’s Duty Free Tariff Preference (DFTP) Scheme …
Version of 9 October, 2017 1 (a) Provide duty-free and quota-free market access on a lasting basis, for all products originating from all LDCs by 2008 or no later than the start of the implementation period in a manner that ensures stability, security and predictability; India s Duty Free Tariff Preference (DFTP) Scheme for Least Developed Countries (LDCs) 1. Introduction: The Decision to provide Duty Free Quota Free (DFQF) access for LDCs was an outcome of the WTO Hong Kong Ministerial Meeting, held in December 2005. This decision as given in Annex F of the Hong Kong Ministerial Declaration inter alia requires all developed-country Members, and developing-country Members declaring themselves in a position to do so, to: (b) Members facing difficulties should provide market access for at least 97 per cent of products originating from LDCs defined at the Tariff li
Version of 9 October, 2017 2 through Customs tariff Notification No.8/2014 dated 1 st of April, 2014, the DFTP scheme now provides duty free/preferential market access on about 98.2% of India’s tariff lines (at HS 6 digit level of classification).
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