Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Importers Must Ensure Accuracy When Claiming Preferential Duty Rates Under Section 28DA of the Customs Act, 1962.</h1> Section 28DA of the Customs Act, 1962, outlines the procedure for claiming a preferential rate of duty under trade agreements. Importers must declare that goods qualify as originating under the agreement, possess relevant information, and ensure accuracy. Submission of a proof of origin does not absolve importers from exercising reasonable care. Customs officers may request further verification if origin criteria are doubted. If importers fail to provide information, preferential treatment may be suspended, requiring security or duty deposits. Verification requests must occur within five years, and preferential treatment can be refused for ineligible items or inadequate documentation.