Originatte certificate

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2012 what is the certifivcateeo of origin?
what is its importance?
who will issue ?
this certificate issue to whom?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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25 April 2012 Certificate of Origin is an instrument which establishes evidence on origin of goods imported into any country.These certificates are essential for exporters to prove where their goods come from and therefore stake their claim to whatever benefits goods of Indian origin may be eligible for in the country of exports.

There are two categories of Certificate of Origin – (1) Preferential and (2) Non-Preferential

Preferential arrangement/scheme under which India is receiving tariff preferences for its exports are:

· Generalised System of Preferences (GSP)

· Global System of Trade Preferences (GSTP)

· SAARC Preferential Trading Agreement (SAPTA)

· Asia-Pacific Trade Agreement (APTA)

· India-SriLanka Free Trade Agreement (ISLFTA)

· Indo-Thailand Free Trade Agreement

· India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA)

· India-Korea Comprehensive Economic Partnership Agreement (CEPA)

· India-Japan Comprehensive Economic Partnership Agreement (IJCEPA)

· Asean-India Free Trade Agreement

These Preferential arrangements/agreements prescribe Rules of Origin which have to be met for exports to be eligible for tariff preference.

Authorisedagencies on charging a fee asprescribed by them provides services relating to issue of Certificate of Origin, including details regarding rules of origin, list of items covered by an agreement, extent of tariff preference, verification and certification n of eligibility.

ExportInspection Council (EIC) is agency authorized to print blank certificates.

FOR MORE INFO:

http://www.fieo.org/view_section.php?lang=0&id=0,583

Querist : Anonymous

Querist : Anonymous (Querist)

25 April 2012 thank u

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