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India Publishes Rules for Claiming Preferential Import Duty Rates Under a Trade Agreement

|Approved Changes|India
India

India's Central Board of Indirect Taxes and Customs has published Notification No. 81/2020 - Customs (N.T.), which contains the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020. The rules come into force on 21 September 2020 and apply to the import of goods into India where the importer makes a claim for a preferential rate of duty in terms of a trade agreement. This includes the main rule that to claim preferential rate of duty under a trade agreement, the impo…

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