Common Digital Platform for Issuance of Electronic Certificates of Origin 29/09/2019 – Posted in: Press Information Bureau

Common Digital Platform for Issuance of Electronic Certificates of Origin

(Ministry of Commerce and Industry)

 

WHAT

The government recently launched a Common Digital Platform for Issuance of electronic Certificates of Origin (CoO).

  • This platform will be a single access point for all exporters, for all Free Trade Agreements/Preferential Trade Agreements and for all agencies concerned.
  • Certificate of Origin will be issued electronically which can be in paperless format if agreed to by the partner countries.
  • Some designated agencies for CoO issuance are EIC, Directorate General of Foreign Trade (DGFT), Marine Products Export Development Authority (MPEDA), Textile Committee and Tobacco Board.

 

BENEFITS

Common Digital Platform for Issuance of Electronic Certificates of Origin

Common Digital Platform for Issuance of Electronic Certificates of Origin

 

 

BACKGROUND

  • India has 15 FTAs/PTAs with various partner countries under which Indian exporters avail reduced import tariffs in the destination country.
  • In order to avail this benefit, the exporters must provide a preferential CoO. About 7 lakh certificates are issued annually by designated agencies. These verticals certify that exported goods are made in India.
  • These certificates are issued by designated agencies in India after vetting of the rules of origin criteria as per the respective FTA/PTA.

 

IMPORTANT INFORMATION

The platform has been designed and developed by DGFT and Regional & Multilateral Trade Relations (RMTR) Division, Department of Commerce, Ministry of Commerce and Industry, Government of India.

 

Source: PIB

 

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