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TMI BlogThis notification relates to Customs Tariff (Determination of Origin of Goods under the Free Trade Agreement between the Democratic Socialistic Republic of Sri Lanka and the Republic of India) Rules, 2000X X X X Extracts X X X X X X X X Extracts X X X X ..... ory of either of the Contracting Parties 3. Determination of Origin .- No product shall be deemed to be the produce or manufacture of either country unless the conditions specified in these rules are complied with in relation to such products, to the satisfaction of the appropriate Authority. 4. Claim at the time of importation .- The importer of the product shall, at the time of importation (a). make a claim that the products are the produce or manufacture of the country from which they are imported and such products are eligible for preferential treatment under the India- Sri Lanka Free Trade Agreement, (hereinafter referred to as the Agreement), and (b) produce the evidence specified in these rules. Explanation .- For the purposes of this notification, "Preferential treatment" in relation to any product means the exemption granted under the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.26/2000- Customs dated 1st March, 2000 and includes preferential concessions. 5. Originating products .- Products covered by the Agreement imported into the territory of any signatory party to the Agreement (hereinafter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t of the Contracting Parties. However, the goods taken from vessels, engaged in commercial fishing under Bilateral Agreements which provide for chartering/leasing of such vessels and of sharing of catch between Contracting Party will also be eligible for Preferential treatment. In respect of vessels or factory ships operated by Government agencies, the requirements of flying the flag of the Contracting Party does not apply. (B) "Factory Ship" means any vessel, as defined, used for processing and/or making onboard goods exclusively from those products referred to in clause (f) of rule 6 7. Not wholly produced or obtained.- (a) Within the meaning of condition (b) of rule 5, products worked on or processed as a result of which the total value of the materials, parts or produce originating from countries other that the Contracting Parties or of undetermined origin used does not exceed sixty five per cent. of the f.o.b. value of the products produced or obtained and the final process of manufacture is performed within the territory of the exporting Contracting Party shall be eligible for Preferential treatment, subject to the provisions of clauses (b), (c), (d) and (e) of this r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les of origin.- In respect of a product, which complies with the origin requirements provided in condition (b) of rule 5 and is exported by any Contracting Party and which has used material, parts or products originating in the territory of the other Contracting Party, the value addition I the territory of the exporting Contracting Party shall be not less than twenty five per cent. of the f.o.b. value of the product under export subject to the condition that the aggregate value addition in the territories of the Contracting Parties is not less than thirty five percent. Of the f.o.b. value of the product under export. Explanation . Cumulation as implied by Rule 8 means that only goods which have acquired originating status in the territory of one Contracting Party may be taken into account when used as inputs for a finished product eligible for Preferential Concession in the territory of the other Contracting Party. 9. Direct consignment.- The following shall be considered to be directly consigned from the exporting country to the importing country, namely:- (a) if the products are transported without passing through the territory of any country other than the countries ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h party will hold such consultations promptly. 14. Review .- These rules may be reviewed as and when necessary upon request of either Contracting Party and may be open to such modifications as may be agreed upon. (T. R. RUSTAGI) JOINT SECRETARY TO THE GOVERNMENT OF INDIA F.No 334/1/2000-TRU 1. Goods consigned from (Exporters' Business Name, Address, Country). Reference No. INDO-SRI LANKA FREE TRADE AGREEMENT (ISFTA) (Combined declaration and certificate) Issued in (Country) (See notes overleaf) 2. Goods consigned to (Consignee's Name, Address, Country) 4. For Official use 3. Means of transport and Route (as far as known) 5. Tariff item number 6. Marks and numbers of packages 7. Number and kind of packages: description of goods 8. Origin criterion (see Notes overleaf) 9. Gross weight or other quantity 10. Number and date of invoice 11. Declaration by the Exporter. The undersigned hereby declares that the above details and statements are correct; That all the goods were produced in .. (Country) and that they comply with t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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