Why safta




















Enter letter "B" in Box 8, for products which meet the origin criteria according to Rule 8. Entry of letter would be followed by the value of non-originating material expressed as a percentage of the f. Enter letter "C" in Box 8 for products which meet the origin criteria according to Rule 9.

Entry of letter "C" would be followed by the sum of the aggregate content originating in the territory of the exporting Contracting State expressed as a perc entage of the f. Enter letter "D" in Box 8 for products which meet the special origin criteria according to Rule Click here Consolidated instructions on compassionate appointment-Replacement of Para regarding.

Click here Reminder-data collection on pending compassionate appointment applications-reg. Chairman's Desk. Taxpayer Assistance. GST Common Portal. Indian AEO Programme. Public Information.

Stakeholder Consultation. Departmental Officers. Rule 4: Originating products Products covered by the Agreement imported into the territory of a Contracting State from another Contracting State which are consigned directly within the meaning of Rule 12 hereof, shall be eligible for preferential treatment if they conform to the origin requirement under any one of the following conditions: a Products wholly produced or obtained in the territory of the exporting Contracting State as defined in Rule 5; or b Products not wholly produced or obtained in the territory of the exporting Contracting Stat e provided that the said products are eligible under Rule 6.

Rule 6: Not wholly produced or obtained Within the meaning of Rule 4 b , products not wholly produced or obtained shall be subject to Rule 7 and any of the conditions prescribed under Rule 8, Rule 9 or Rule Rule 7: Non-qualifying Operations The following shall in any event be considered as insufficient working or processing to confer the status of originating products, whether or not there is a change of heading: 1 operations to ensure the preservation of products in good condition during transport and storage ventilation, spreading out, drying, chilling, placing in salt, Sulphur dioxide or other aqueous solutions, removal of damaged parts, and like operations.

For the purposes of Rule 8 b of the SAFTA Rules of Origin, the products listed under column 3 and corresponding to heading mentioned under column 2 would be subject to Rule specified under column 4 in the following Table.

The term "CTH" in column 4 below shall mean that the final product is classified in a heading at the four-digit level of the Harmonised Commodity Description and Coding System differently from those in which all the non-originating materials used in its manufacture are classified. The term "CTSH" in column 4 below shall mean that the final product is classified in a heading at the six-digit level of the Harmonised Commodity Description and Coding System differently from those in which all the non-originating materials used in its manufacture are classified.

Preparations with a basis of extracts, essences, concentrates or with a basis of coffee. Extracts, essences and concentrates, of tea or ate, and preparations with a basis of these extracts, essences or concentrates or with a basis of tea or mate. Pumps for dispensing fuel or lubricants, of the type used in filling-stations or in garages. Furnaces and ovens for the roasting, melting or other heat-treatment of ores, pyrites or of metals.

Other refrigerating or freezing chests, cabinets, display counters, showcases and similar refrigerating or freezing furniture. Machinery for filling, closing, sealing, or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; machinery for aerating beverages.

Constant weight scales and scales for discharging a predetermined weight of material into a bag or container, including hopper scales Other weighing machinery:. Long Run Impact. East Asia Forum welcomes comments, both for adding depth to analysis and for bringing up important new issues. Original comments adding insight and contributing to analysis are especially encouraged. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email. Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. This is an excellent review of the reality of commerce — a trade agreement alone is not an effective means or promoting genuine economic integration.

Thank you for posting it. Please take a look at some of my postings on this forum — I can send more material if you are interested. Post a comment East Asia Forum welcomes comments, both for adding depth to analysis and for bringing up important new issues.

The editors retain the right to refuse and edit comments at any time. Cancel reply Your email address will not be published. Services and investment are not part of the agreement. What are the objectives guiding Safta Among its aims are: promoting and enhancing mutual trade and economic cooperation by eliminating barriers in trade, promoting conditions of fair competition in the free trade area, ensuring equitable benefits to all and establishing a framework for further regional cooperation to expand the mutual benefits of the agreement.

What other benefits can Safta bring to member-countries It could lead to enhancement of foreign investment among Saarc nations. The visible spurt in foreign investment within Asean cou-ntries and the increase in investments by India in Sri Lanka and vice versa following the India-Sri Lanka FTA bear testimony to the potential of such agreements in boosting investments.

The agreement can be structured to ensure that such investments dont harm the domestic industries of member-nations. RTAs, like the proposed Safta, can also catalyse beneficial industrial restructuring in member-countries through cross-border corporate marriages and acquisitions.

The EU trade bloc, for instance, led to the formation of the single European market and substantial restructuring of industry on a pan-European basis.



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