Friday, September 18, 2020

CAROTAR 2020 to be effective from Sep 21st: CBIC’s strict Scrutiny of Imports to prevent FTA misuse

The Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020), notified on 21st August, 2020, shall come into force from 21st September, 2020 upon completion of the 30 day period that was given to importers and other stakeholders to familiarize themselves with new provisions. CAROTAR, 2020 implements the commitment of the Finance Minister in […]

from Taxscan | Simplifying Tax Laws https://ift.tt/32MDBy1

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