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Annex.1.2

(Para 12 Chapter1 refers)

Ministry of Industry

(F. No.A-42012/1/98-E.IV/CDN)

The Gazette of India

EXTRAORDINARY

(Part 1- Section 1)

MINISTRY OF INDUSTRY

(Department of Industrial Policy & Promotion)

RESOLUTION

                  New Delhi, the 8th September, 1998.

No. A-42012/1/98-E.IV - The constitution of an independent Tariff Commission under the Department of Industrial Policy & Promotion in the Ministry of Industry was notified vide Resolution No. A-42012/24/91-E.IV dated the 2nd September, 1997 along with its Terms of Reference. The Terms of Reference have since been reviewed and it has been decided that the revised Terms of Reference of the Tariff Commission shall be as follows:

  1. To make recommendations as an expert body, on matters referred to it by Government regarding fixation of tariff and all tariff related issues in relation to trade in goods and service, keeping in view the interest of various sectors including production, trade and consumers and taking into account the international commitments. The Commission should aim at evolving an overall tariff structure and look into the issue of tariff rationalisation.
  1. As per reference made by the Government, to study critically market access offers received from trading partners as part of WTO framework and to advise the Government on the opportunities and challenges generated by these offers.

  1. To make a detailed impact analysis on select sectors like textiles, agriculture, automobiles information technology, chemicals, steel and engineering goods through a multi-disciplinary team.
  1. In order to facilitate reforms process, the Commission may examine the transition-period required for select industries to recommend the gradual phasing out of the tariffs as referred to it by the Government from time to time.
  1. To identify the tariffication process for select economic activities as referred to the Commission by the Government from time to time.
  1. To monitor the tariff changes in the competing and trade-partner countries and maintain an inventory of tariff-rates at a sufficiently detailed level.
  1. To undertake such other tasks as may be assigned by the Government from time to time.
  1. . To present an annual report to the Government of its activities.
  1. i  To carry out technical studies on cost of production of different goods and services and their competitiveness in relation to other countries.
  1. To render advice on issues referred to it by the Government on classification of goods, and products along with applicable tariff on such goods and products.

 

 

Sd/-(8-9-1998)

(Ashok Kumar)

Joint Secretary to the Govt. of India

 

ORDER

ORDERED that a copy of the Resolution be communicated to all concerned.

ORDERED also that the Resolution be published in the Gazette of India for general information

 

Sd/- (8.9.98)

(Ashok Kumar)

Joint Secretary to the Govt. of India