Not wholly produced or obtained products.-
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....of clause (b) of rule 3, a product shall be deemed to be originating, if - (i) the AIFTA content is not less than 35 per cent.of the FOB value; and (ii) the non-originating materials have undergone at least a change in tariff sub-heading (CTSH) level i.e. at six digit of the Harmonized System: ....
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....FTA Materials, Parts or Produce + Value of Undetermined Origin Materials, Parts or Produce x 100 % ¡Ü 65% FOB Price (3) The parties are free to adopt the method of calculating the AIFTA content, whether it is the direct or indirect method and any verification of the AIFTA content by the importing party shall be done on the basis of the method used by the export....
TaxTMI