Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The Central Government has amended the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 through Notification No. 14/2025-Customs (N.T.), effective upon publication. The amendments primarily replace the term "certificate" with "proof" throughout the rules, including in definitions, documentation requirements, and verification procedures. In Form I, "CoO" has been replaced with "proof of origin." These changes modify how importers must demonstrate preferential tariff claims under trade agreements, broadening terminology to potentially accommodate various forms of origin documentation beyond traditional certificates. The amendment was issued under powers conferred by section 156 read with section 28DA of the Customs Act, 1962.
The Central Government has amended the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 through Notification No. 14/2025-Customs (N.T.), effective upon publication. The amendments primarily replace the term "certificate" with "proof" throughout the rules, including in definitions, documentation requirements, and verification procedures. In Form I, "CoO" has been replaced with "proof of origin." These changes modify how importers must demonstrate preferential tariff claims under trade agreements, broadening terminology to potentially accommodate various forms of origin documentation beyond traditional certificates. The amendment was issued under powers conferred by section 156 read with section 28DA of the Customs Act, 1962.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
