Industry Odisha Bureau, Jul 6: As the India-U.K. Comprehensive Economic and Trade Agreement (CETA) is reportedly slated to come into effect from 15th of this month, and the significant trade pact reportedly secures duty-free access for 99 per cent of India’s exports to the United Kingdom (UK), the Ministry of Finance under Government of India (GoI) has reportedly notified the rules for determination of origin of goods.
Reportedly issuing a notification, the Central Board of Indirect Taxes and Customs (CBIC) stated, “These rules may be called the Customs Tariff (Determination of Origin of Goods under Comprehensive Economic and Trade Agreement between India and the United Kingdom of Great Britain and Northern Ireland) Rules, 2026. They shall come into force on the 15th July, 2026”.
Notably, “The compliance with the rules of origin of goods is deemed to be important for the tariff concessions since the formally notified rules ensure that the tariff concessions accrue only to the legitimate Indian manufacturers and exporters, and also prevent misuse,” opined experts.
As per media reports quoting the trade and commerce experts, “The India-UK CETA would pave path for new avenues for labor-intensive industries, like textiles, marine products, leather, footwear, sports goods, toys, gems and jewellery, engineering goods, auto components, as well as organic chemicals.”
It has further been reported that, “Trade and commerce between India and United Kingdom have grown to $25.12 billion i.e. 8.62 per cent in 2025-26 in comparison to $23.13 billion in 2024-25.”
