Rules of Determination of Origin of Goods under the Preferential Trading Agreement between the Republic of India and the Republic of Chile Rules, 2007 (From Rule 1 to Rule 36)
Preferential tariff treatment may be denied pending guarantees to preserve fiscal interests under origin determination rules. Rule 20 provides that customs authorities shall not suspend importation operations of the goods or identical goods from the same exporter or producer, but may deny preferential tariff treatment and require a guarantee or take actions necessary to preserve fiscal interests as a pre-condition to completing importation, in accordance with the importing Party's laws; any guarantee required shall not exceed the value of the applicable customs duties for importation from third countries under the importing country's legislation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Preferential tariff treatment may be denied pending guarantees to preserve fiscal interests under origin determination rules.
Rule 20 provides that customs authorities shall not suspend importation operations of the goods or identical goods from the same exporter or producer, but may deny preferential tariff treatment and require a guarantee or take actions necessary to preserve fiscal interests as a pre-condition to completing importation, in accordance with the importing Party's laws; any guarantee required shall not exceed the value of the applicable customs duties for importation from third countries under the importing country's legislation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
