Q. Which of the following statements about certificate of origin (CoO) are correct?
1. It is a document issued by the importers.
2. It is the authentication declaring in which country a commodity or good was manufactured.
3. The certificate of origin contains information regarding the product, its destination, and the country of export.
Select the correct answer using the codes given below:
Answer: C
Notes:
About the Certificate of Origin (CoO)
A certificate of origin (CoO) is a document issued by the exporters. It is the authentication declaring in which country a commodity or good was manufactured.
The certificate of origin contains information regarding the product, its destination, and the country of export. For example, a good may be marked “Made in the USA” or “Made in China”.
Why is CoO mandated?
The CoO is often mandated by importing countries because it can help determine whether certain goods are eligible for import and to what extent they are subject to duties.
Source: Indian Economy (core)
