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The SAARC Preferential Trading Arrangement (SAPTA) is a trade agreement signed in April 1993 by the seven member countries of the South Asian Association for Regional Cooperation (SAARC) — Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAPTA was created to promote and sustain mutual trade and economic cooperation among these countries through the exchange of trade concessions.
The agreement serves as a foundational step toward greater trade liberalization and economic integration in the South Asian region. It aims to encourage the flow of goods by providing preferential tariff treatment and facilitating trade among the member states. SAPTA focuses on reciprocity and mutual benefits, ensuring fair advantages to all members while recognizing the developmental differences among member countries.
Key principles of SAPTA include gradual and stepwise trade liberalization, special provisions for least developed contracting states (LDCS), and the inclusion of all products in raw, semi-processed, and processed forms. The arrangement covers tariff reductions, para-tariff elimination, non-tariff barrier removals, and encourages direct trade measures to enhance economic cooperation.
Overall, SAPTA acts as a stepping stone to foster closer economic collaboration within the SAARC region, creating opportunities for increased intra-regional trade and sustainable development.
Valid Import Export Code (IEC) certificate
Commercial invoice and packing list
Shipping bill or bill of lading
Self-attested manufacturing declaration
Manufacturing process flow chart
Purchase order from the importer
Declaration from the exporter on company letterhead
Digital signature certificate (DSC)
Goods and Services Tax (GST) registration certificate
Address proof with details
Organization-based digital signature certificate
Detailed product specifications
Any additional documents as required by the certifying authority.
Create an account using the organization’s Digital Signature Certificate (DSC) linked to the IEC. All relevant data will be automatically retrieved via the IEC.
Submit an online application for the Certificate of Origin.
Complete the application form with accurate and relevant information.
Upload all required supporting documents.
Receive the SAPTA Certificate within 2 to 3 working days after successful verification.
| Particulars | Fees (₹) |
|---|---|
| Government Fee | 736 |
| One-time Registration Fee | 500 |
| Application Fee | 2,000 |
| Total Fees | 3,236 |
Note: The fees mentioned are exclusive of GST.
India has enhanced its market access commitments for neighbouring service providers. These commitments provide companies with an opportunity to build market expertise and grow by international expansion. Under Free or Preferential Trade Agreement there are multiple options where certificate of origin can be generated from India for import benefits to importing companies:
ICPTA – India Chile Preferential Trade Agreement
SAFTA – South Asia Free Trade Agreement
SAPTA – SAARC Preferential Trade Agreement
IKCEPA – India Korea Comprehensive Economic Partnership Agreement
IJCEPA – India Japan Comprehensive Economic Partnership Agreements
AIFTA – ASEAN India Free Trade Agreement
ISFTA – India Sri Lanka Free Trade Agreement
APTA – Asia Pacific Trade Agreement
GSP – Generalized System of Preferences
GSTP – Global System of Trade Preferences
IMCECA – India Malaysia Comprehensive Economic Cooperation Agreement
ISCECA – India Singapore Comprehensive Economic Cooperation Agreement
At Monitrix, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
