The Directorate General of Foreign Trade ( DGFT ) has notified the new platform for Korean exporters to register for Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA).
On March 2, 2020, the Directorate General of Foreign Trade (DGFT) of the Department of Commerce under the Ministry of Commerce issued a notice in the name of Deputy General of Foreign Trade, Mohammed Moin Afaque. The subject matter of the notice pertained to the online filing and issuance of Preferential Certificate of Origin under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) for India’s Export to the Republic of Korea and it will be effective from March 6, 2020.
This notice pertains to the fact the Korean Exporters under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) will apply for the Preferential Certificate of Origin and the issuance of the Preferential Certificate of Origin from the platform which is available at the URL https://coo.dgft.gov.in.
It was also stated that the Exporters to Korea will only avail the benefit under India Korea Comprehensive Economic Partnership Agreement (IKCEPA) is ought to register themselves at the new platforms as soon as possible.
The extorters while registering themselves on the new platform must take into consideration the following conditions: