India again asks Bangladesh to check 32 CoO certificates

[Black_cats]

India again asks Bangladesh to check 32 CoO certificates​

FE REPORT | Published: May 07, 2022 09:02:25 | Updated: May 07, 2022 09:05:17

---

India reminded Bangladesh last month (April) to check and let it know the authenticity of 32 country-of-origin (CoO) certificates which were issued under the South Asian Free Trade Area (SAFTA) deal, sources said.

India sent the copies of these certificates to Bangladesh in January and February last year for verification of their authenticity.

Later, the neighbouring nation gave reminders twice in October and November 2021.

However, Bangladesh is yet to send the verification report of the CoO certificates to India.

The certificates were issued against export of men's knitted shirts and shirts from Bangladesh to India.

The Export Promotion Bureau (EPB) of Bangladesh issues the CoO in favour of exporters, so that their goods can enter India without paying duty under the SAFTA deal.

The Indian customs officials verify the CoO certificates from the EPB, if any of those seems suspicious or forged to them.

According to officials, if verification of the certificates takes higher than the stipulated time, the exporters need to furnish bank guarantee - equivalent to the applicable duties - to get their goods released.

Latter, if the CoO certificates are found genuine, the exporters concerned can get back bank guarantee documents and encash cheques.

syful-islam@outlook.com

rezamumu@gmail.com

India again asks Bangladesh to check 32 CoO certificates

India reminded Bangladesh last month (April) to check and let it know the authenticity of 32 country-of-origin (CoO) certificates which were issued under the South Asian Free Trade Area (SAFTA) deal, sources said. India sent the copies of these certificates to Bangladesh in January and February la

thefinancialexpress.com.bd

 

[Bilal9]

India again asks Bangladesh to check 32 CoO certificates​

FE REPORT | Published: May 07, 2022 09:02:25 | Updated: May 07, 2022 09:05:17

---

India reminded Bangladesh last month (April) to check and let it know the authenticity of 32 country-of-origin (CoO) certificates which were issued under the South Asian Free Trade Area (SAFTA) deal, sources said.

India sent the copies of these certificates to Bangladesh in January and February last year for verification of their authenticity.

Later, the neighbouring nation gave reminders twice in October and November 2021.

However, Bangladesh is yet to send the verification report of the CoO certificates to India.

The certificates were issued against export of men's knitted shirts and shirts from Bangladesh to India.

The Export Promotion Bureau (EPB) of Bangladesh issues the CoO in favour of exporters, so that their goods can enter India without paying duty under the SAFTA deal.

The Indian customs officials verify the CoO certificates from the EPB, if any of those seems suspicious or forged to them.

According to officials, if verification of the certificates takes higher than the stipulated time, the exporters need to furnish bank guarantee - equivalent to the applicable duties - to get their goods released.

Latter, if the CoO certificates are found genuine, the exporters concerned can get back bank guarantee documents and encash cheques.

syful-islam@outlook.com

rezamumu@gmail.com

India again asks Bangladesh to check 32 CoO certificates

India reminded Bangladesh last month (April) to check and let it know the authenticity of 32 country-of-origin (CoO) certificates which were issued under the South Asian Free Trade Area (SAFTA) deal, sources said. India sent the copies of these certificates to Bangladesh in January and February la

thefinancialexpress.com.bd

These ba$tards are waiting to get a plane ticket to Dhaka so they can 'inspect' evidence of actual origin, and in the process, get some "chai-pani" money and in addition, maybe some honey as well.

I say place tit-for-tat NTBs on Indian goods imported to Bangladesh and watch the fun.

Haramkhors....

 

[my2cents]

These ba$tards are waiting to get a plane ticket to Dhaka so they can 'inspect' evidence of actual origin, and in the process, get some "chai-pani" money and in addition, maybe some honey as well.

I say place tit-for-tat NTBs on Indian goods imported to Bangladesh and watch the fun.

Haramkhors....

What kind of language are spewing in this forum? If the request was made and it was not reciprocated on time, then blame your own lazy bureaucracy .

 

[mb444]

Absolute indication of para-tarrifs. BD absolutely needs to retaliate.

BD needs to bring down indian import of everything except raw materials.

Hindutva goons needs a treatment of their own medicine.

What kind of language are spewing in this forum? If the request was made and it was not reciprocated on time, then blame your own lazy bureaucracy .

It was not a request, it was an deliberate obstruction of trade. You are infamous for your protectionist measures.

BD does not need to respond to your "requests", it just needs to play the game to nullify hindutva fascist economic policies of domination.

 

[bluesky]

What kind of language are spewing in this forum? If the request was made and it was not reciprocated on time, then blame your own lazy bureaucracy .

However, you know very well that India always wants to delay goods coming in from BD. India's insistence is only to delay the import.