{"id":145467,"date":"2021-11-22T22:27:16","date_gmt":"2021-11-22T22:27:16","guid":{"rendered":"https:\/\/precoinnews.com\/?p=145467"},"modified":"2021-11-22T22:27:16","modified_gmt":"2021-11-22T22:27:16","slug":"centre-allows-exporters-time-till-january-31-on-origin-e-certificate","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/centre-allows-exporters-time-till-january-31-on-origin-e-certificate\/","title":{"rendered":"Centre allows exporters time till January 31 on origin e-certificate"},"content":{"rendered":"

Three-month breather expected to ease operational challenges for businesses<\/h2>\n

The Centre has suspended till January 31 a mandatory obligation imposed on exporters from November 1 to obtain online Certificates of Origin (CoO) for every outbound consignment, days after The Hindu<\/em> reported businesses were facing severe operational challenges in trying to comply with the diktat.<\/p>\n

The online CoO system, put in place in late 2019 for exports to countries with whom India had a preferential trade pact, was expanded to cover all merchandise exports from November through a trade notice issued on October 18.<\/p>\n

In a fresh notice last Monday, the Department of Commerce said that \u2018the transition period for mandatory filing of applications for Non-Preferential Certificate of Origin through the e-CoO platform had been extended\u2019 till January 31.<\/p>\n

\u201cThe existing systems for submitting and processing non-preferential CoO applications in manual\/paper mode is being allowed for the stated time period and the online system is not being made mandatory,\u201d it clarified.<\/p>\n

Several exporters across States had reported difficulties in registering on the e-CoO platform on the Directorate General of Foreign Trade (DGFT) portal with the stipulated high-quality digital signature certificates and obtaining the certificates for their shipments. The department, which oversees DGFT, has now requested exporters to register onto the platform at the earliest.<\/p>\n

In the first half of this month, when the online certificates were mandatory, the department had downplayed exporters\u2019 concerns and said the move was aimed at improving the ease of doing business in line with the government\u2019s \u2018Digital India\u2019 focus.<\/p>\n

Industry bodies had pointed out that existing export facilitation intermediaries such as customs house agents, who handle most of the export paperwork, had not been able to share data on exporters\u2019 behalf, as the DGFT had not shared the API (Application Programming Interface) for the new platform.<\/p>\n

On November 10, in response to queries from The Hindu<\/em>, <\/em>the department had said that the e-CoO platform had a simple registration process and its design allowed the principal user or the exporter to provide access rights to the other secondary users such as customs house agents. While it didn\u2019t respond to a query on whether API-sharing was being considered, it had said 85 agencies had already been \u2018enabled on the portal\u2019.<\/p>\n

The Federation of Indian Exporters\u2019 Organisations had urged the government to resolve the teething challenges and allow API-sharing to help the exporting community on-board the new system of digital certification more quickly, while noting that the e-CoO would address a number of concerns for exporters and the importing countries.<\/p>\n

\u201cThis online facility provides \u2018ease of doing business\u2019 to the exporting community and gives a verifiable authentication mechanism to the partner countries to confirm the genuineness of the issued CoOs through a QR code which adds credibility to the issued e-CoO,\u201d the department had said.<\/p>\n

India\u2019s monthly merchandise exports have crossed $30 billion for seven months in a row and are largely on course to reach the government\u2019s target of a record $400 billion in 2021-22.<\/p>\n

\u201cWe appreciate the positive response of the government towards our request for an urgent intervention,\u201d said Santosh Mandlecha, president of the Maharashtra Chamber of Commerce, Industry and Agriculture. The industry body had flagged that even perishable farm produce consignments had been facing challenges since November 1 due to difficulties in registering digital signatures on the DGFT portal.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Three-month breather expected to ease operational challenges<\/p>\n","protected":false},"author":3,"featured_media":145466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nCentre allows exporters time till January 31 on origin e-certificate - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/centre-allows-exporters-time-till-january-31-on-origin-e-certificate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre allows exporters time till January 31 on origin e-certificate - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Three-month breather expected to ease operational challenges\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/centre-allows-exporters-time-till-january-31-on-origin-e-certificate\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-22T22:27:16+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/Centre-allows-exporters-time-till-January-31-on-origin-e-certificate.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/centre-allows-exporters-time-till-january-31-on-origin-e-certificate\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/centre-allows-exporters-time-till-january-31-on-origin-e-certificate\/\",\"name\":\"Centre allows exporters time till January 31 on origin e-certificate - 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