Tuesday, May 7, 2013

MADRAS CHAMBER OF COMMERCE AND INDUSTRY - MCCI | Certificate Of Origin


MCCI –Its history :
The Birth of Madras Chamber:
Eighteen businessmen of Madras met at the office of Binny & Co.  on the 29th September 1836 and  unanimously  resolved “that an Association be formed in Madras as Madras Chamber of Commerce”. These founding members with John Alves Arbuthnot as the Chairman made up the first Committee of the Chamber.
The Beginnings ……….
In the words of the first Chairman John Alves Arbuthnot, the objectives of the Chamber were
“…watch over and protect the interests of trade; receive and collect information on all matters of  mercantile interest bearing upon the removal of grievances and promotion of the common good; receive references on matters of custom or usage in doubt or dispute, decide on the same and record the decisions made for further reference and to form by that and other code of practices whereby the transaction of business by all companies engaged in it are simplified and facilitated”…..

Certificate Of Origin :

The Chamber is authorized by Government to issue Certificates of Origin for goods exported from India. This facility is offered to members as well as non-members at a nominal fee.
Trade Agreements between various countries allow allotment of imports of certain quantity of a particular article/commodity from a specified country e.g. coffee imports into European countries. Some Trade Agreements allow preferential treatment of customs duties if the article/commodity is imported from specific countries e.g. UK and Commonwealth countries.
For the above purpose, the country of origin of the goods becomes necessary either for assessing the quantity or for customs formalities. In these cases, invariably the contracting Governments are required to specify certifying agencies in their respective countries to issue certificate of origin under Article 11 of the International Convention relating to the simplification of the Customs formalities signed at Geneva in 1923. The Government of India issued in 1958 a list of Chambers of Commerce and Trade Associations in India authorized to issue the certificates of origin and Madras Chamber of Commerce & Industry is one of them.
The Chamber issues certificates of origin to members as well as non-members and there is no distinction in the form of the certificate or the method of issue as between members and non-members. The fee charged for the issue of a certificate is :
  • Rs.70/- per set consisting of 5 copies + Service Tax   (for members)
  • Rs.100/- per set consisting of 5 copies  + Service Tax (for non-members)
The certificate of origin issued by the Chamber contains all particulars such as the name of the exporter, goods, quantity, marks, destination, vessel in which exported, date of shipment, etc.
The Chamber also certifies / attests other documents such as invoice, packing list, agency agreements, etc. on payment of a nominal fee.
Click Here to download the Certificate of Origin form.    




THE MADRAS CHAMBER OF COMMERCE AND INDUSTRY
Karumuttu Centre, I floor
634 Anna Salai, Nandanam
Chennai - 600035
Tamilnadu, India
Telephone : + 91 - 44 - 24349452 / 24349720 / 24349871

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