Imports from FTA & PTA Countries

Introduction

Free and Preferential Trade Agreements between the countries has become an integral part of International Trade India is no exception to this universal phenomenon.

At present India has sixteen FTAs & over hundred PTAs with different countries of the world. Numerous FTAs & PTAs are at advance stage of negotiation with leading Industrialized countries of the world such as U.S.A, U.K, Mauritius, European Union etc.

To prevent misuse of the facility, the Govt. of India announced New Set of Rules, titled as “Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020or “CAROTER 2020 in its abbreviated form.

The objective of this webinar is to acquaint the participants and importers with the nuances of handling imports from countries under FTA / PTA with specific reference to newly announced Rules “CAROTER 2020”.

panel_start Course Content panel_end

• Concepts
• List of Countries under FTA
• PTA, Structure of Customs Tariff
• Import Documentations
• Customs Correlation
• Tariff Classification & Tools
• Salient Features of “Carotar 2020
• Determination & Certification of Country of Origin Rules, Governing Trade under FTA
• PTA Countries, Computation of Landed Cost of Import
• Miscellaneous.

Special Feature

The Country of Origin Rules governing imports from countries under FTA / PTA have been significantly revised on 21^st August,2020. Accordingly the webinar will be based on this new significant change.