Free Trade Agreement (FTA) & CAROTAR

With the advancing international trade, the Government of India has in the recent past signed trade agreements with the developed countries to reap the benefits of market access of these countries. Trade Agreements provides the Indian manufacturers to make a global impact and offer a competitive advantage through reduced tariff barriers. 

With the focus of free flow of trade and reduction/elimination of tariff, the Government prescribes regulations to be complied to avail the benefit under this trade agreement i.e. Rules of Origin, Certifications etc. The Government of India also introduced CAROTAR Rules in 2020 to regulate the transactions covered under the trade agreement.

With the increasing changes in the regulations under the Customs and government following mix of restrictive and open up policy, our team offers complete solution relating to the Free Trade Agreement:

• Cost benefit analysis under the Trade Agreement
• Advisory on the diversification of supply chain reaping the benefit of the trade agreement
• Litigations and advisory under the CAROTAR rules
• Assistance in Certificate of Origin
• Consultancy on the provisions and chapters of the trade agreement