Digital certificate of origin facility by FIEO
Most opportune, providing huge relief to exporters, says FIEO president
cityairnews
Apr 4, 2020 04:50
0
Ludhiana: Responding to the challenges faced by the Exporters during lockdown to obtain Certificate of Origin (CoO) Non-Preferential CoO: to ascertain the origin of goods and Preferential CoO: to get tariff advantage in partners (importing) countries, FIEO has started the facility of the digital certificate of origin (both non-preferential and preferential, for which it is authorized) using FIEO’s online CoO system.
In a statement today, Sharad Kumar Saraf, President, FIEO, added the facility will reduce the transaction time and cost of exporters also. Such a facility will help exporters to send CoO electronically to buyers to help them clear the consignment particularly as most of the courier companies are not operating in the country. Many of the countries are now accepting scanned /digital copies of the Certificate of Origins.
He added FIEO is also updating information relating to Covid-19, having bearing on exports/imports, at its website under the banner "Updates on Covid-19". It has urged exporters/importers to access it to update themselves on a real-time basis.
