Govt upgrades platform to issue certificates of origin

[ad_1] 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.Artificial Intelligence(AI)Java Programming with ChatGPT: Learn using Generative AIBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Basics of Generative AI: Unveiling Tomorrows InnovationsBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Generative AI for Dynamic Java Web Applications with ChatGPTBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Mastering C++ Fundamentals with Generative AI: A Hands-OnBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)Master in Python Language Quickly Using the ChatGPT Open AIBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingPerformance Marketing for eCommerce BrandsBy - Zafer Mukeri, Founder- Inara MarketersView Program Office ProductivityZero to Hero in Microsoft Excel: Complete Excel guide 2024By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program FinanceA2Z Of MoneyBy - elearnmarkets, Financial Education by StockEdgeView Program MarketingModern Marketing Masterclass by Seth GodinBy - Seth Godin, Former dot com Business Executive and Best Selling AuthorView Program AstrologyVastu Shastra CourseBy - Sachenkumar Rai, Vastu ShashtriView Program StrategySuccession Planning MasterclassBy - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.View Program Data ScienceSQL for Data Science along with Data Analytics and Data VisualizationBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Artificial Intelligence(AI)AI and Analytics based Business StrategyBy - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCIView Program Web DevelopmentA Comprehensive ASP.NET Core MVC 6 Project Guide for 2024By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingDigital Marketing Masterclass by Pam MooreBy - Pam Moore, Digital Transformation and Social Media ExpertView Program Artificial Intelligence(AI)AI-Powered Python Mastery with Tabnine: Boost Your Coding SkillsBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Office ProductivityMastering Microsoft Office: Word, Excel, PowerPoint, and 365By - Metla Sudha Sekhar, IT Specialist and DeveloperView Program MarketingDigital marketing - Wordpress Website DevelopmentBy - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expertView Program Office ProductivityMastering Google Sheets: Unleash the Power of Excel and Advance AnalysisBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program Web DevelopmentMastering Full Stack Development: From Frontend to Backend ExcellenceBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program FinanceFinancial Literacy i.e Lets Crack the Billionaire CodeBy - CA Rahul Gupta, CA with 10+ years of experience and Accounting EducatorView Program Data ScienceSQL Server Bootcamp 2024: Transform from Beginner to ProBy - Metla Sudha Sekhar, IT Specialist and DeveloperView Program 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. [ad_2] Source link Follow Us: https://facebook.com/gagab2b https://youtube.com/gagab2b https://gagab2b.com https://gagab2b.com/import-export-news/import-export-india-news/govt-upgrades-platform-to-issue-certificates-of-origin/?feed_id=1587&_unique_id=67a2bf57853b2

Comments

Popular posts from this blog

The Importance of Having a Website for Import-Export Businesses

Sorting out WTO disputes with India helped American rural communities: USTR

‘Indifferent export performance is straining BOP’