CAROTAR, 2020: QUESTIONS & ANSWERS FOR IMPORTERS

 As you may already know, the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020) has been notified subsequent to Finance Act, 2020 which inserted a new Section 28DA to the Customs Act, 1962 (the Act) specifying a procedure for claiming preferential rate of duty on goods imported under a free trade agreement (FTA). The CAROTAR, 2020 comes into force on September 21, 2020.

https://elplaw.in/wp-content/uploads/2020/09/ELP-Update-CAROTAR-2020-Importers-Q-A.pdf

 

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