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 ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy November 2020 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Public Policy