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INPUTS FOR INDIA-EU FTA :  RULES OF ORIGIN-PSRS FOR CH-27 TO 39

 

Dear Members,

India is currently negotiating a Free Trade Agreement with the EU. As a part of this agreement, both the countries negotiate on a range of products that would be offered tariff concessions to each other under this agreement.

To ensure that benefits of tariff concession accrue to products that are sufficiently produced in either country, there are certain rules in place that ensure sufficient transformation of the products in the territory of both countries.

For your reference we are mentioned some examples of PSRs under Rules of origin below :
WO: Wholly Obtained
CC: A change from any other chapter
CTH: A change from any other heading
CTSH: A change from any other subheading
Sometimes, twin rules like
CTSH + VA X% are also present. This means that the exporter has to ensure that there is a change at the tariff subheading level as well as a value addition of X%. These are some examples of rules of origin.

We have enclosed a file received from Department which lists out proposals of both India & EU for your review.   

We request you to provide your inputs (PSRs)  for the lines pertaining to Chapter 27 to 39 in Stakeholder’s column and send it on robengaluru@chemexcil.in with a copy to pw@chemexcil.in; dg@chemexcil.in latest by 10th May 2024.    

Thanks, and Regards

 

Raghuveer Kini

Director General

CHEMEXCIL

Encl : India and EU Proposal for Ch_27 to 39