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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Tariff Rule 6: Criteria for Originating Products in India-MERCOSUR Trade Agreement Outlined</h1> Rule 6 of the Customs Tariff Rules, 2009, under the Preferential Trade Agreement between MERCOSUR member states and India, specifies criteria for products not wholly produced or obtained. Products are considered originating if the CIF value of non-originating materials does not exceed 40% of the FOB value and the final manufacturing process occurs within the exporting party's territory, adhering to Rule 7. For landlocked countries, the first seaport or inland waterway port of any signatory party is deemed the destination port. The value of non-originating materials is based on CIF value at importation or the earliest ascertainable price in the processing territory.
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