New Delhi: To simplify the certification process for exporters and enhance trade efficiency, the government Monday said it has upgraded its system of issuing electronically generated certificate of origin to help exporters. The document is important to claim duty concessions under free trade agreements as it proves where the goods originate.
The upgraded platform offers features such as multi-user access, which enables exporters to authorise multiple users under a single Importer Exporter Code (IEC).
“The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 system, a significant upgrade designed to simplify the certification process for exporters and enhance trade efficiency,” the commerce and industry ministry said in a statement.
The electronic filing of non-preferential certificates of origin has become mandatory through this platform from January 2025.
“This trade facilitation initiative has been streamlining the certification process, and improving turnaround times for exporters,” the ministry said, adding that the platform processes over 7,000 certificates per day.
These certificates cater to goods not of Indian origin, intended for re-export, trans-shipment, or merchanting trade.
Issued based on documentary evidence from the foreign country of origin, the Back-to-Back CoO ensures transparency and accuracy by explicitly mentioning details of the origin and supporting documents, it said.
Source Name : Economic Times