Scanned-digital CoOs accepted
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.
This is in response 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 and to get tariff advantage in partners (importing) countries.
The facility will also reduce the transaction time and cost of exporters, said FIEO President Sharad Kumar Saraf on 4 Apr 2020.
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 and digital copies of the Certificate of Origins, he noted.
FIEO is also updating information relating to Covid-19, having bearing on exports and imports, at its website under the banner “Updates on Covid-19”.
It has urged exporters and importers to access it to update themselves on a real-time basis. fiinews.com
