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
An importer secures the benefit of Preferential tariff (if available) by producing the certificate of origin to customs authorities.
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
PROCEDURE FOR ISSUE OF CERTIFICATE OF ORIGIN
Chambers of Commerce, Export Promotion Councils and various Trade Associations, which have been authorized by the Government, issue the Certificate of Origin. Commodity Specific promotion Boards like Central Silk Board, The Coir Board, Textile Committee etc. are also authorized to issue such certificates for these specific products. This certificate has to be dully legalised by presenting it to the Consul of the importing country stationed in the exporting country.