New format for bill of entry in compliance with CAROTAR 2020
We shared our detailed update on Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (‘CAROTAR 2020’) which comes into effect from September 21, 2020. In this, we updated you regarding additional fields in Bill of Entry which an importer claiming preferential benefit would be required to fill.
Recently, the Government notified Bill of Entry (Forms) (Amendment) Regulations, 2020 vide Notification No.90/2020-Customs (NT) dated September 17, 2020 for substitution of new Forms of Bill of Entry for compliance with CAROTAR 2020. This amendment has substituted Declaration 9(a) and 9(b) in formats for Bill of Entry for Home Consumption, Warehousing and Ex-bond clearance.
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