CBIC notifies India-UK FTA rules of origin, effective July 15
CBIC has notified determination-of-origin rules under the India-UK FTA taking effect July 15, liberalising 99% of UK and 90% of Indian tariffs. With 64% of products going duty-free immediately, duty cuts on UK consumer goods could reshape Indian retailers' import sourcing and pricing across a £25.5 billion bilateral trade corridor.
CBIC notified rules of origin under the India-UK FTA effective July 15, liberalising 99% of UK and 90% of Indian tariffs. Duty cuts on UK consumer products could reshape import sourcing and pricing for Indian retailers.
Why this matters
CBIC follows recent trade-facilitation moves—scrapping the Rs 10 lakh courier export cap and prioritising cargo dwell cuts—by now notifying India-UK FTA origin rules that reshape import sourcing for retailers.
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