Importers must prove 35% value addition in origin country to get FTA benefits

Sources said that while the customs authorities were engaging with industry and associations to sensitize them about the changes to rules of origin that kick into effect from September 21 in order to avoid hassles later on, the larger effort of the government will be towards curbing the misuse of the agreements that are hurting domestic industry.

from Economy-News-Economic Times https://ift.tt/2ZO2ze6