DGFT issues a Trade Notice for electronic issuance of CoO for India’s exports to UK under GSP

Jan 12, 2021 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on January 11, 2021 has issued a trade notice for the electronic issuance of the Preferential Certificate of Origin (CoO) for India’s exports to UK under generalised scheme of preferences (GSP). 

Goods that meet the UK GSP rules of origin requirements are eligible to claim a GSP rate of import duty on the basis of a valid proof of origin. A valid proof of origin must be either of the following:

• GSP Form-A - which does not need to be stamped and signed by an authority designated by the GSP country.

• An origin declaration - which must include information to enable the identification of an originating good. 

• GSP Form-A is available electronically on the e-CoO Platform. Further, no physical pre-printed stationery of Form-A shall be issued. 

[Trade Notice No. 37/2020-2021]

 


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