COVID-19 Facilitation measures- Procedure for assessment in cases of non submission of Original Country of Origin Certificates
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....2020-cus Subject: COVID-19 Facilitation measures- Procedure for assessment in cases of non submission of Original Country of Origin Certificates-reg. In the light of unprecedented situation caused by COVID-19 pandemic and due to lockdow resulting in temporary inability for receipt of physical copy of Country Of Origin Certificate (COOC), th Trade / Importers have approached for clearance of good....
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....red by the Customs". The CBI Circular Nos. 17/2020-cus dated 03.042020 and 38/2016-cus dated 22.03.2016 were kept in view. I was viewed that the situation described in opening Para leads to the circumstance where verification o signature and seal of FTA f PTA on the original COOC is not possible. 3. To facilitate Trade while also safeguarding the interest of Revenue in this unprecedente situ....
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....082016, in exercise of the powers conferred under clause 5(c) Of the para 3 of the said Circular, it is provided as follows:- Sl Class of Importer Amount of security ( as a percentage of differential duty) i. Status Holder under the FTP 2015-20 0% ii. Importer having availed in FY 2019-20 the Country of Origin benefit from the same country and from the same supplier and no irregularity ha....
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....his facility of provisional assessment shall ensure that the Undertaking furnished in lieu of Bond as per Circular No. 17/2020- Cus dated 03 04 2020 is duly replaced with a proper Bond on or before the date specified in the said Circular which is presently mentioned as 07.05.2020. Each Group/Section shall maintain a record of all such cases of relaxation from taking Bond. The option Of either exec....
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