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    Ans 01GG

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    Guman Singh
    Certificate of Origin is a required document for import customs clearance in most countries. It certifies the original country where exported goods were produced and manufactured. Buyers often require certificates issued by local chambers of commerce, but some insist on GSP certificates issued by export councils. Exporters applying for regular certificates from the Indian Chamber of Commerce must submit an indemnity bond and company profile documents.

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    Ans 01GG

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    Guman Singh
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    Certificate of Origin is a required document for import customs clearance in most countries. It certifies the original country where exported goods were produced and manufactured. Buyers often require certificates issued by local chambers of commerce, but some insist on GSP certificates issued by export councils. Exporters applying for regular certificates from the Indian Chamber of Commerce must submit an indemnity bond and company profile documents.

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    Certificate of Origin is a required document for import customs clearance in most countries. It certifies the original country where exported goods were produced and manufactured. Buyers often require certificates issued by local chambers of commerce, but some insist on GSP certificates issued by export councils. Exporters applying for regular certificates from the Indian Chamber of Commerce must submit an indemnity bond and company profile documents.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    11 views1 page

    Ans 01GG

    Uploaded by

    Guman Singh
    Certificate of Origin is a required document for import customs clearance in most countries. It certifies the original country where exported goods were produced and manufactured. Buyers often require certificates issued by local chambers of commerce, but some insist on GSP certificates issued by export councils. Exporters applying for regular certificates from the Indian Chamber of Commerce must submit an indemnity bond and company profile documents.

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    ANS 01

    Certificate of Origin is one of the required documents for import customs clearance in
    most of the importing countries. Difference between exports and re-exports copy As per
    the government policies of each country time to time, and the bilateral and unilateral
    business agreement between countries, the import duty may be exempted under the
    specified goods from particular countries. Or as per the availability and consumption
    goods, certain commodities are imposed import duty to control the import of such goods.
    Duties are also levied against the goods importing from certain countries because of
    political policies also. So, the importance of certifying the origin of goods plays a vital
    role in the international trade between countries.

    Certificate of origin is the document, certifying the origin of country where in the export
    goods are procured and manufactured originally. Most of the cases, the buyer needs only
    the certificate issued by local Chamber of commerce. However in certain cases, the buyer
    insist to get GSP (generalized system of preference) issued by export council agencies of
    respective country. While issuing certificate of origin, a copy of commercial invoice is
    also attested by the said authorities.

    For obtaining Certificate of Origin from Indian Chamber of Commerce (ICC) on regular
    basis, exporters are required to furnish ICC a permanent indemnity bond on a Non-
    judicial stamp paper of Rs 10/- only, duly notarized (format for Indemnity Bond is
    available with the Certificate of Origin Dept).

    Stamp paper should be purchased in the name of the Company/Establishment.

    The Bond shall only be signed by the Director/Partner/Proprietor of the Company. After
    due process, it will be entered in the ICC records and the exporter shall be given a
    registration number by the ICC.

    Bond should be required to be submitted with the profile of the Company/Establishment,


    PAN, I/EC Registration document, Signatures of those authorized to sign the Certificates;

    After registration at ICC on every occasion of submission of application for Certificate of


    Origin the Registration Number .

    ANS 02

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