CAROTAR Rules2020

  • The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020) came into force on 21st September, 2020.
  • These aim to protect the domestic industry from misuse of Free Trade Agreements.

About CAROTAR Rules

  • These rules apply to import of goods into India where the importer makes a claim of preferential rate of duty in terms of a trade agreement.
  • They supplement the existing operational certification procedures prescribed under different trade agreements (FTA/ PTA/ CECA/ CEPA).
  • An importer is now required to do due diligence before importing the goods to ensure that they meet the prescribed originating criteria.
  • A list of ....
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