Accounting segregation

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....itius) Rules, 2021<br>11. Accounting segregation. - (1) Where identical and interchangeable originating and non-originating materials including materials of undetermined origin are used in the manufacture of a product, those materials shall be physically segregated, according to their origin, during storage. (2) Notwithstanding sub-rule (1) of this rule, a producer facing considerable costs or ....

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....be the case if the materials had been physically segregated. A producer using an inventory management system shall keep records of the operation of the system that are necessary for the customs administration of the Party concerned to verify compliance with the provisions of these rules. Explanation. - The term "Generally Accepted Accounting Principles" means the recognised consensus or subs....