Posted by Ashutosh Nath
Blog originally posted on 26/08/2021 01:34 PM


Pursuant to the introduction of CAROTAR, 2020, there were several difficulties that were being faced by legitimate importers resulting in delay or denial of preferential duty benefits available under Free Trade Agreements.

Board governing the Customs in India has issued a set of instructions to provide guidelines to be followed by the authority for verification of Certificates of Origin. Instructions, when implemented in the right spirit, would ensure that greater consistency and transparency.

A brief summary of the issue, along with Tradewin’s comment, has been provided in this update here.

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Topics: Tradewin, Customs, Trade Compliance

Blog originally posted on 26/08/2021 01:34 PM

Ashutosh Nath

Written by Ashutosh Nath

Ashutosh Nath leads India practice of Tradewin from his Mumbai office. For a period of over 10 years, Ashutosh has been advising clients on various Customs and Indirect Tax issues across sectors in India. Prior to Tradewin, Ashutosh was working with a Big 4 consulting firm. Ashutosh has managed hundreds of assignments which include Advisory and Compliance related to Special Economic Zone (SEZ) and Free Trade Warehousing Zone (FTWZ); Free Trade Agreements (FTA), HS Classification & Customs Valuation; Customs and Trade Health Checks & Indirect Tax Optimization; Foreign Trade Policy including duty exemption schemes and credit scrips; GST Implementation in India and Dispute resolutions at various levels in India. He is a Chartered Accountant and Graduate in Commerce from Sydenham College, Mumbai University.