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What are the other implications of Rules of Origin for India?

April 26, 2017implications India origin rules

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What are the other implications of Rules of Origin for India?

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There is a big cost in terms of creating a whole bureaucracy which sits at custom points and checks whether goods coming from FTA partners satify “Rules of origin”. Documentation would be provided to them which would need to show the percentage of value addition in Thailand for a good being imported from Thailand. This creates scope for corruption.