Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of the Republic of India and the Republic of Korea) Rules, 2009 - 187/2009 - Customs - Non Tariff

Rules of Origin determine origin criteria and certification needed to claim preferential tariff treatment under the India-Korea pact.

These Rules prescribe the origin criteria and operational procedures for goods to qualify for preferential tariff treatment under the India-Korea agreement. Origin is conferred where goods are wholly obtained in a State party or meet product-specific rules or an RVC and tariff classification change. The instrument defines valuation of non-originating materials, excludes indirect materials from origin calculation, specifies non-qualifying operations, sets direct-consignment conditions, details Certificate of Origin issuance, validity and record-keeping, and establishes verification, retroactive checks and enforcement mechanisms including denial of preferential treatment and revocation of issuing authority.