Question

Mention mention the items count cited in the negative list of import and export along with the its meaning and example

Answer 1

Answer:

The negative list for imports consists of: (a) Freely Importable Items: Import of all items, except those included in the Prohibited List, is permissible free of duty for export production under a Duty Exemption Scheme. Most capital goods fall into this category.

Answer 2

Answer:

The negative list for imports consists of: (a) Freely Importable Items: Import of all items, except those included in the Prohibited List, is permissible free of duty for export production under a Duty Exemption Scheme. Most capital goods fall into this category.

Explanation:

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