https://www.taxtmi.com/circulars?id=67867 A Certificate of Origin establishes that goods meet an FTA's originating criteria while the seller's invoice is used for customs valuation; third party invoicing is permissible under some FTAs (e.g., AIFTA). If an officer doubts origin, the officer may seek importer information and, if inadequate, trigger verification under CAROTAR via the FTA Cell to contact the issuing authority. CAROTAR does not force disclosure of commercially confidential exporter/third party data or mandate a single currency for COO and invoice. Rule 5(5) allows denial on record information, but trade agreement provisions prevail; substantiated non compliance requires a speaking order respecting natural justice and the FTA's origin formula. en-us Mon, 21 Oct 2024 00:00:00 +0530 Mon, 21 Oct 2024 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67867 A Certificate of Origin establishes that goods meet an FTA's originating criteria while the seller's invoice is used for customs valuation; third party invoicing is permissible under some FTAs (e.g., AIFTA). If an officer doubts origin, the officer may seek importer information and, if inadequate, trigger verification under CAROTAR via the FTA Cell to contact the issuing authority. CAROTAR does not force disclosure of commercially confidential exporter/third party data or mandate a single currency for COO and invoice. Rule 5(5) allows denial on record information, but trade agreement provisions prevail; substantiated non compliance requires a speaking order respecting natural justice and the FTA's origin formula. Circulars Customs Mon, 21 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67867