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Provisional Assessment of consignments originating from China under claim of duty exemption on the basis of Country of Origin Certificate issued under Asia- Pacific Trade Agreement

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..... H/Gr.II(H-K) Date: 14.05.2020 PUBLIC NOTICE NO. 68 /2020 Subject: Provisional Assessment of consignments originating from China under claim of duty exemption on the basis of Country of Origin Certificate issued under Asia- Pacific Trade Agreement - reg. Attention of the Importers, Exporters, Customs Brokers and all other stakeholders is invited to the above-mentioned subject. Pending verificat .....

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..... s it is decided to reduce the amount of Bank Guarantee or Cash deposit to be obtained as security (as percentage of the differential duty) to the level as given below:- Sl Category of Importer Security Amt i Authorized Economic Operator (Tier I and Tier-II) 0% ii Status Holder under the FTP 2015-20 0% iii Manufacturer - importer (with valid GSTIN) importing raw material for manufacture .....

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..... ed per cent). The option of either executing Bank Guarantee or giving Revenue deposit for purpose of security will be of the importer. 4. For the purpose of provisional assessment, the importer shall submit Bond or Undertaking (in lieu of Bond) in case of eligible categories as mentioned in Board Circular No. 17/2020 dated 03.04.2020 (JNCH PN No 41/2020 dated 03.04.2020). The facility to submit U .....

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