CAROTAR and Its Impact on Industry
The Customs Administration of Rules of Origin under Trade Agreements (CAROTAR) 2020 ensures accurate use of FTA benefits by verifying product origin. It enhances supply chain transparency, curbs misuse of preferential duties, and promotes fair competition for domestic manufacturers. While increasing compliance requirements, it strengthens India’s trade credibility globally. SKMC Global helps businesses navigate CAROTAR through expert documentation, Form I preparation, customs coordination, and advisory support for smooth compliance.
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