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Customs department may quiz importers on FTA claims

Customs department may quiz importers on FTA claims

Tuesday, February 4, 2020, 11:14 AM

Indian customs authorities will now be able to question the valuation of imports under FTA for up to five-years with the country proposing a significant shift in the domestic-framework of rules of origin to tackle largescale imports. The rules of origin are criteria to determine the source country of a product, based on which they either get tariff concessions or are subjected to duties.
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