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Taxation Central Ministry of Finance Customs Act, 1962

CBIC issues notification regarding Rules of Origin under India–New Zealand Free Trade Agreement

12-Oct-2026 | No. 82/2026 -Customs (N.T.)

CBIC has issued notification regarding Rules of Origin under India–New Zealand Free Trade Agreement with effect from 20th October 2026 Key highlights are as follows :- 1. Goods will qualify as originating if they are wholly obtained or produced in India or New Zealand or satisfy the applicable Product Specific Rules and other prescribed requirements 2. Originating goods or materials from either country used in the production of goods in the other country will be treated as originating in the country where the final goods are produced. 3. The prescribed value content will be calculated using either the Build-Down Formula based on non-originating materials or the Build-Up Formula based on originating materials. 4. Preferential tariff treatment will be supported by a Certificate of Origin or an origin declaration completed by an eligible status holder in India or an approved exporter in New Zealand, subject to the prescribed conditions. 5. Importers may claim preferential tariff treatment and a refund of excess customs duties paid, subject to the prescribed conditions and generally within 12 months from the date of importation. 6. Exporters, producers, issuing authorities and importers must retain relevant origin records for at least five years, subject to any longer period prescribed under applicable laws. The original Proof of Origin must be retained in hard-copy written form. For more information kindly refer the attached document

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