Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

COVID-19 Facilitation measures- Procedure for assessment in cases of non submission of Original Country of Origin Certificates

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 4.2020 PUBLIC NOTICE NO.19/2020-cus Subject: COVID-19 Facilitation measures- Procedure for assessment in cases of non submission of Original Country of Origin Certificates-reg. In the light of unprecedented situation caused by COVID-19 pandemic and due to lockdow resulting in temporary inability for receipt of physical copy of Country Of Origin Certificate (COOC), th Trade / Importer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and appropriate security where required by the Customs . The CBI Circular Nos. 17/2020-cus dated 03.042020 and 38/2016-cus dated 22.03.2016 were kept in view. I was viewed that the situation described in opening Para leads to the circumstance where verification o signature and seal of FTA f PTA on the original COOC is not possible. 3. To facilitate Trade while also safeguarding the interest of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CBIC Circular No. 38/2016 dated 22.082016, in exercise of the powers conferred under clause 5(c) Of the para 3 of the said Circular, it is provided as follows:- Sl Class of Importer Amount of security ( as a percentage of differential duty) i. Status Holder under the FTP 2015-20 0% .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0% v. Other importer importing pharmaceuticals of Chapter 30, personal protection equipment of any Chapter, hygiene products such as soaps, shampoo, sanitizers, detergents and hand wash etc. Of any Chapter 25% vi. Other importer 100% 5. The importers availing thi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates