Q3 · UPSC current affairs · 26 September 2026 · News · Rules of Origin Customs Simplification CBIC

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Consider the following statements regarding recent trade and customs modifications:1.The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications modifying import clearance protocols under CAROTAR 2020 provisions.2.CAROTAR 2020 rules are primarily implemented to encourage unverified third-country duty evasions.Which of the statements given above is/are correct?

A 1 only
B Neither 1 nor 2
C 2 only
D Both 1 and 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because CBIC issues notifications modifying import clearance protocols under CAROTAR 2020 provisions to simplify preferential tariff documentation. Statement 2 is incorrect because CAROTAR 2020 enforces strict origin verification precisely to prevent and deter duty evasion via third countries, not encourage it.

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