Certificate of Origin in Foreign Trading

1. CERTIFICATE OF ORIGIN IN FOREIGN TRADING A Certificate of Origin (COO) certifies that exported goods are produced, manufactured, or processed in a specific country. Issued by authorized bodies like Chambers of Commerce, it determines tariff duties, FTA benefits, and customs clearance. Importing countries require it to ensure eligibility for preferential trade agreements and compliance with trade policies. TYPES OF CERTIFICATES OF ORIGIN Preferential COO: Issued for exports under Free Trade Agreements, allowing reduced customs duties when origin and content rules are met. Non-Preferential COO: Used for exports outside FTAs, offering no duty benefits but required for general trade, anti-dumping, or statistical purposes. BENEFITS OF CERTIFICATION OF ORIGIN Lower Tariffs: Avail preferential duty benefits under FTAs. Faster Clearance: Certified COOs streamline customs inspection and release. Global Credibility: Enhance brand trust with authentic origin certification. Regulatory Compliance: Ensure adherence to global trade norms. Trade Facilitation: Improve transparency and supply chain traceability. ROLE OF MANUFACTURER'S STATEMENT OF ORIGIN A Manufacturer’s Statement of Origin is a self-declaration confirming where and how a product is made. It supports the Certificate of Origin by verifying compliance with FTA rules, especially when multiple countries are involved in production, helping determine if goods qualify as “Made in India” for trade benefits. AT SKMC Global assists businesses in leveraging Free Trade Agreements and obtaining Certificates of Origin by managing documentation, verifying product eligibility, and ensuring compliance with FTA rules of origin. Their expertise streamlines customs clearance, reduces duty costs, and enhances export competitiveness. +91 989-125-5499 info@skmcglobal.com www.skmcglobal.com