India – Singapore Comprehensive Economic Cooperation Agreement (CECA)

The India – Singapore Comprehensive Economic Cooperation Agreement (CECA) entered into force in 2005. It removed tariffs on goods and eliminated double taxation.

Most energy sector products benefit from Preferential tariff treatment under the Agreement, notably : 

• Electric motors, turbines and generators; 
• Mechanical equipment including pumps, appliances, and other advanced machinery; 
• Electric accumulators, transformers, capacitors, batteries; Motor vehicles; 
• Mineral ore, slag and ash; 
• Mineral fuels, oils and other products; 
• Metals and their articles e.g. iron and steel; 
• Semiconductors devices and photovoltaic cells; 

Rules of origins apply, by which originating status can be conferred if the total value of the non-originating materials does not exceed 65% of the free on-board value of the product; and, (ii) the product produced or obtained has a different tariff classification as the non-originating materials used in its manufacture.

Moreover, rules of origin apply to certain items, such as electroplating salts, water treatment chemicals and parts of nuclear reactors. 

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