20(Harmonised system of preference) Flashcards

1
Q

what is it

A

It is a 6 digit number that is used by coustoms dept to classify and tax the imports efficently

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2
Q

who has developed them

A
World Coustoms Org
1952
Brussels Belgium
Inter govt org
development, promotion and implementation of modern customs systems and procedures
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3
Q

Has India adopted it

A

Yes India has adopted it

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