Freight Express Global Logistics

Freight Express Global Logistics

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20/03/2025

The Ministry of Finance has issued the notification by which the ‘Certificate of Origin’ under Customs Act is replaced by ‘Proof of Origin’.

The government has notified Customs (Administration of Rules of Origin under Trade Agreements) Amendment Rules, 2025 which amended the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020.

In the Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020, in rule 2, in sub-rule (1), in clause (f), for the word “certificate”, the word “proof’ shall be substituted.

28/01/2025

DGFT launches enhanced eCoO 2.0 system with provisions for back-to-back certificates of origin

The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System, a significant upgrade designed to simplify the certification process for exporters and enhance trade efficiency. This upgraded platform offers several user-friendly features, such as multi-user access, which enables exporters to authorize multiple users under a single Importer Exporter Code (IEC). Additionally, the system now supports Aadhaar-based e-signing alongside digital signature tokens, providing greater flexibility.

16/09/2024

News-16.09.2024- Freight Costs, Container shortages threaten India’s exports: GTRI

Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports,

Indian exporters may face yet another round of container shortages, compounded by already soaring freight costs, as reports emerge of China cornering all available container capacity to push as much shipments to the US and Europe ahead of upcoming tariff hikes

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