Tell Us Your Product/Service Requirement

Ready to connect

We give You a competitive edge over others by letting you know about your major competitors and what are their exporting value compared to yours, where they source their products and the current industry trend for the importers.

Please provide your company name Name must contain characters only Name is too short Input field exceeds maximum characters allowed

Please provide your Email Address Incorrect Email Address

{{buyermessage2}}

India Bhutan Free Trade Agreement


Introduction

The Government of India and the Royal Government of Bhutan reffered to as "contracting Parties". According to the agreement on trade and commerce between both of the country, there is free trade and commerce between the two countries of goods produced in either country. Each of the Government agree to provide appropriate refund in respect of excise duties on goods of its origin exported to another.

Categories

For project-imports, the value of imports to Bhutan and in hard currency is deducted from the total value of imports as claimed in documents received. This is divided into two categories:

  • Export goods to Bhutan for govt. aided projects.
  • Refund of excise duty

Objectives

  • There should be free trade and commerce between the territories of the Royal Government of Bhutan and the Government of the Republic of India.
  • The Royal Government of Bhutan impose such non-tariff restrictions on the entry into Bhutan of certain goods of Indian origin as may be necessary for the protection of industries in Bhutan. These restrictions, however, will not be stricter than those applied to goods of third country origin.

Exports and imports of Bhutan to and from countries other than India will be free from and not subjected to customs duties and trade restrictions of the Government of India.


References

For further details please visit the sites:-

commerce.nic.in
aric.adb.org
dgicce.nic.in
mea.gov.in