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EU to end duty benefits for 1,800 goods under Generalised Tariff Preference Scheme

India’s exports of plastics, stone, machinery and mechanical appliances worth $7.9 billion to the EU will no longer be eligible for low or zero-duty concessions from January, 2023 as the bloc would withdraw these benefits under the Generalised Tariff Preference Scheme (GSP).

Source: a2ztaxcorp.com

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