ENA Sectors 2025-01-28 16:45:30 <p><span style="font-size:14px"><strong>New Delhi, Jan 28 (KNN)</strong> The Commerce Ministry's Directorate General of Foreign Trade (DGFT) has unveiled an enhanced electronic Certificate of Origin (eCoO 2.0) system, marking a significant advancement in India's trade facilitation infrastructure.</span></p> <p><span style="font-size:14px">The upgraded platform, which processes more than 7,000 certificates daily, introduces several key improvements designed to streamline export procedures and boost operational efficiency.</span></p> <p><span style="font-size:14px">The new system introduces multi-user functionality under a single Importer Exporter Code (IEC), allowing exporters to authorise multiple users to access the platform.</span></p> <p><span style="font-size:14px">In a notable technological advancement, the platform now accommodates both Aadhaar-based e-signing and digital signature tokens, providing exporters with greater flexibility in document authentication.</span></p> <p><span style="font-size:14px">Starting January 2025, the platform has made electronic filing mandatory for non-preferential certificates of origin, representing a decisive shift toward digital trade documentation.</span></p> <p><span style="font-size:14px">These certificates are particularly crucial for goods not originating in India that are designated for re-export, trans-shipment, or merchanting trade.</span></p> <p><span style="font-size:14px">The Back-to-Back Certificate of Origin system maintains transparency by explicitly documenting origin details and supporting documentation from foreign countries.</span></p> <p><span style="font-size:14px">The Certificate of Origin serves as a fundamental trade document, particularly for exports to nations with which India has established trade agreements.</span></p> <p><span style="font-size:14px">It plays a vital role at importing countries' ports of entry, where it must be presented to claim duty concessions under free trade agreements and verify the goods' origin.</span></p> <p><span style="font-size:14px">This digitalisation initiative by the Commerce Ministry represents a significant step forward in reducing processing times and enhancing the overall efficiency of India's export ecosystem.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 40819 https://knnindia.co.in/news/newsdetails/sectors/electronic-filing-mandatory-for-non-preferential-certificates-of-origin-dgft 2025-01-28 16:45:30 knnindia.co.in