Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (‘CAROTAR, 2020’) issued vide Notification No. 81/2020-Customs (N.T.) dated 21-08-2020 shall come into force on 21-9-2020. CBIC vide circular has provided procedure for sending verification request to the Verification Authorities in exporting countries in terms of trade agreements, section 28DA of the Customs Act 1962 and CAROTAR, 2020, and guidelines for implementation of said section and rules.Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (‘CAROTAR, 2020’) issued vide Notification No. 81/2020-Customs (N.T.) dated 21-08-2020 shall come into force on 21-9-2020. CBIC vide circular has provided procedure for sending verification request to the Verification Authorities in exporting countries in terms of trade agreements, section 28DA of the Customs Act 1962 and CAROTAR, 2020, and guidelines for implementation of said section and rules.taxmann.com Latest Statutory HappeningsRead More
