Customs Functions related to Preferential Trade Agreements

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..... origin regulations and, also, strike a fine balance with trade facilitation. 1.2 Bilateral and multilateral f T Ag have become a prominent feature, in the trading system, allowing preferential tariff treatment to partnering countries. Customs officer, at the port, is required to have sufficient knowledge of all existing trade agreements and ability to apply and implement the correct rules c .....

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..... e agreed tariff rate under each of the agreements, under the Customs Act 1962. To notify the Rules of Origin, as agreed under Customs Act 1962. To highlight any issues in implementation of the agreement and suggest amendments. To study possible mechanisms to reduce compliance costs and dwell time, with respect to clearance of goods, claiming preferential tariff. At the time of Custo .....

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