seeks to amend the Rules of Determination of Origin of Goods under the Asia-Pacific Trade Agreement, (formerly known as the Bangkok Agreement) Rules, 2006.

seeks to amend the Rules of Determination of Origin of Goods under the Asia-Pacific Trade Agreement, (formerly known as the Bangkok Agreement) Rules, 2006. https://www.taxtmi.com/notifications?id=125731 Amendments effective 1 July 2018 revise APTA Rules of Origin by substituting footnote 6 with Annexure C, adding interpretative footnotes defining aggregate content as VOM1 (value of originating materials from previous Participating States) plus VOM2 (value added in the processing Participating State including direct labour, direct overheads, transport and profit), and clarifying direct consignment through non Participating States. Annexure A is amended to require 6 digit HS headings in Box 5 and restated Box 8 origin criterion codes (A-E). A new Annexure C sets sectoral RoO with CTH based criteria and sequential application rules. en-us Sat, 30 Jun 2018 00:00:00 +0530 Tue, 03 Jul 2018 12:03:00 +0530 TaxTMI RSS Generator seeks to amend the Rules of Determination of Origin of Goods under the Asia-Pacific Trade Agreement, (formerly known as the Bangkok Agreement) Rules, 2006. https://www.taxtmi.com/notifications?id=125731 Amendments effective 1 July 2018 revise APTA Rules of Origin by substituting footnote 6 with Annexure C, adding interpretative footnotes defining aggregate content as VOM1 (value of originating materials from previous Participating States) plus VOM2 (value added in the processing Participating State including direct labour, direct overheads, transport and profit), and clarifying direct consignment through non Participating States. Annexure A is amended to require 6 digit HS headings in Box 5 and restated Box 8 origin criterion codes (A-E). A new Annexure C sets sectoral RoO with CTH based criteria and sequential application rules. Notifications Customs Sat, 30 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125731