Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
DGFT eCoO System Revision: Back-to-Back Certificates of Origin on Non-Indian Goods for Re-Export, Trans-Shipment and Merchant Trade
The Directorate General of Foreign Trade (DGFT) introduced revisions to the ECOO system, which deals with back-to-back Certificates of Origin for non-Indian goods meant for re-export, trans-shipment, and merchant trade. The updated system aims to streamline the process for goods being re-exported from India, making it easier for exporters to comply with the rules governing their transactions. These changes are expected to enhance trade efficiency and simplify the procedures for certifying goods of foreign origin. The DGFT's focus on improving the ease of doing business aligns with its broader goal of promoting exports and reducing bureaucratic hurdles. The system revision will help exporters manage international trade with more clarity and fewer procedural delays.