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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Customs Rules Require Importers to Provide Detailed Declarations and COO for Preferential Duty Rates Compliance.</h1> The circular outlines new requirements for importers claiming preferential duty rates under trade agreements as per the Customs Rules, 2020. Effective from September 21, 2020, importers must include additional details in the Bill of Entry, such as item-specific declarations and Certificate of Origin (COO) documents uploaded on eSanchit. The COO must be defaced before Out of Charge is granted. These changes aim to ensure compliance with the regulations for claiming preferential rates. Trade associations and customs brokers are advised to disseminate this information, and any difficulties should be reported to the issuing office.
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