Industry told to follow US ‘rules of orgin’ norms

Re-routing products from high-tariff countries may attract higher duties: Govt

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The Commerce Ministry has cautioned the domestic industry to strictly follow the US ‘rules of origin’ norms while exporting goods to America, as re-routing products from high-tariff countries without substantial value addition could be classified as transhipment and attract higher duties, an official said.

The Ministry also assured the industry that all efforts would be made to codify the value addition norms to provide certainty and clarity to exporters, the official said.