AIPMA to issue Certificate of Origin for businesses trading overseas

February 23, 2021
Aniketvichare

The All India Plastics Manufacturers’ Association (AIPMA) is one of the exclusive bodies manufacturing plastic goods and commodities throughout India. This legendary organization was established decades ago by futuristic industrialists. It has its head offices located in major cities like Kolkata, Mumbai, Delhi and Chennai. In the field of manufacturing plastic goods and commodities, the AIPMA is unparalleled as an organization. It has been awarded the license to issue legal documents like the Certificate of Origin (CoO) for traders. AIPMA has also achieved quite a few milestones. Thus, it is ranked as one of the top organization with traders in the country.

The various milestones that it has achieved over the years has enabled it to contribute to the Indian economy. It is on the verge of completing its Platinum Jubilee. The AIPMA enjoys the authority to issue the Certificate of Origin to various trades and businesses operating in the country. For those who are wondering why is the Certificate of Origin (CoO) so important? They need to know that it is a vital document for businesses trading overseas. Products and goods that are traded overseas need a CoO as a documentary proof certifying its genuineness. CoO also certifies that the product is fit for being exported since the CoO is issued and approved by a recognized organization. Thus, handing over the Certificate of Origin is in itself a prestigious document to hold which the All India Plastics Manufacturers’ Association has received.

Now let us see who provides certificate of origin. Well, Government bodies like the Indian Chamber of Commerce and the Trade Promotion Council of India are usually associated with the issuing of the CoO. However, the Directorate General of Foreign Trade (DGFT), that till recently provided the Certificate of Origin, has now authorized AIPMA with the powers to issue the Certificate of Origin for exporters and importers of goods. The AIPMA has successfully set standards for plastic manufacturers in the country. It will now carry out this new task of certification. Since issuing this document marks the origin of the product, it becomes imperative that the commodities are diligently inspected before certification. Thus, the All India Plastics Manufacturers’ Association is bound to look into it and put extra effort to implement the work successfully.

Article Categories:
BUSINESS

Leave a Comment