Trade Facilitation Agreement And India

With regard to several Category B obligations, India has begun to streamline existing measures to facilitate customs procedures. Such a measure concerns the advance rulings. The Customs Act 1962 was amended in 1999 to provide merchants with a mechanism to request preliminary decisions from the customs authority for preliminary decisions. The authorities responsible for advance rulings were also in India for income tax and various indirect taxes. The 2017 Finance Act consolidates all the pre-regulators of the various indirect taxes within the Ruling Authority (AAR), created under the Income Tax Act 1961. The AAR is legally required to make a decision within six months of submitting the application. []] > 8.2 Where such an option is given under paragraph 8.1 below and the importer does not exercise it within a reasonable time, the competent authority may take a different approach in the fight against these non-compliant products. 9 Temporary importation of goods and goods after and after-processing 9.1 Temporary authorization of goods Each member authorizes, as stipulated in its laws and regulations, to be exempt from import duties and taxes under certain conditions, in whole or in part, when these goods are transported to their customs territory for specific purposes, intended for re-export within a specified period and having made no changes, except for normal depreciation and waste. 9.2 Passive and Passive Development (a) Each member authorizes, as stipulated in its laws and regulations, the development of goods. Goods admitted to passive development may be reintroduced in full or partial duty and import taxes, in accordance with the member`s laws and regulations.

(b) For the purposes of this article, «successful development» means the customs regime by which certain goods may be placed in the customs territory of a member who, under certain conditions, is exempt, in whole or in part, from the payment of import duties or is eligible for the rebate, since these goods are destined for manufacture, processing, repair and subsequent export; c) For the purposes of this article, «passive development» means the customs regime by which goods in a member`s customs area in a member`s customs territory may be temporarily exported abroad for manufacture, processing or repair and then re-imported. WT/L/931 – 15 – ARTICLE 11: FREEDOM OF TRANSIT 1. Member-imposed transit traffic regulations or formalities cannot be complied with if the circumstances or objectives that lead to their adoption no longer exist or when the changed circumstances or objectives can be addressed in a reasonably less limited manner; (b) would be applied in a manner that would constitute a disguised restriction on transit traffic. 2. Traffic during transit is not subject to the collection of fees or charges collected for transit, with the exception of transport charges or charges corresponding to the administrative costs of transit or the cost of the services provided. 3. Members are not permitted to search for, take or maintain voluntary restrictions or similar transit traffic measures. This applies without prejudice to existing or future national, bilateral or multilateral regulations, which regulate transport in accordance with WTO rules. 4. Each member does not give less price to products transiting through the territory of another Member State than the products that would be granted to these products if transported from their place of origin to their destination, without passing through the territory of that other member.