TMI BlogInstructions regarding implementation of Rules of Origin under Free/Preferential Trade Agreements and the verification of referential Certificates of OriginX X X X Extracts X X X X X X X X Extracts X X X X ..... toms Brokers, Warehouse Licensee and the member of the Trade is invited to the Board's Instruction No. 31/2016-Customs dated 12.09.2016 on the above mentioned subject. 2. India has signed Free/Preferential Trade Agreements / Comprehensive Economic Partnership/ Cooperation Agreement (FTA/CEPA/CECA) with a number of countries and trading blocks. 3. Rules of Origin are notified under each of the Agreements which require the importer to, inter alia, make a claim for preferential tariff at the time of importation, and submit a Certificate of Origin (COO) in the prescribed form. The Rules of Origin under the FTAs, as notified under Section 5 (1) of the Customs Tariff Act, 1975, provide for verifying the authenticity of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... validity, manner of obtaining the certificate and the procedure for verification of origin. One of the usual conditions for accepting the certificate is that it should be signed by the authorized signatories whose name, signature and seal have been communicated by the FTA partner country through agreed channels. At present, the signatures and seals are received by the Board, either directly from the government of the FTA partner country or through the Department of Commerce. These specimen seals and signatures are circulated to all Chief Commissioners by the Customs V Section of the Board by email. The specimen seals and signatures are also forwarded to DRI, which circulates the paper copies to all Chief Commissioners. 5. In this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erification, the goods are being released provisionally, Circular no. 38/2016-Cus dated 22nd August, 2016 may be followed with regard to the quantum of security to be obtained under section 18 of the Customs Act, 1962. Nodal Points in the Board 10. All requests for verification under Free/ Preferential Trade agreements/ CECA/CEPA should be addressed in the Board to: Director (International Customs Division) Central Board of Excise Customs, Department of Revenue, Ministry of Finance, Room No. 49, North Block, New Delhi -110001 011-2309 3380 (off); 011-2309 3760 (fax.) Email: [email protected] 11. Difficulties, if any, may be br ..... X X X X Extracts X X X X X X X X Extracts X X X X
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