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Customs - Highlights / Catch Notes

Home Highlights October 2024 Year 2024 This

This instruction clarifies the retrospective issuance of ...


UAE-India trade pact clarifies retrospective issuance of Certificates of Origin to avail duty benefits.

Circulars     Customs

October 17, 2024

This instruction clarifies the retrospective issuance of Certificates of Origin (COOs) under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). Rule 15(11) permits retrospective issuance of COOs in exceptional cases within 12 months of shipment, with reasons recorded by the issuing authority. Rule 21(3) allows importers to claim refund of excess duties if preferential treatment was not initially extended despite the product qualifying as originating. Minor discrepancies like typing errors should not invalidate COOs if authenticity and accuracy are not affected. The intent is to extend substantive trade agreement benefits without nullifying legal entitlements due to procedural discrepancies, unless originating status is doubtful. Customs formations are instructed to sensitize accordingly.

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