- The CBIC has issued a notification to clarify on certain aspects of origin procedures under free trade agreements (FTAs). The Board has addressed challenges in import clearance related to third-party invoicing under the ASEAN-India FTA (AIFTA). Key points include concerns about origin status discrepancies between Certificates of origin (COOs) and invoices, the validity of third-party invoicing, and the necessary verification processes.
[Instruction No. 23/2024-Customs dated 21.10.2024]
