GSP Registration
Expand Your Global Reach with GSP Registration
At Tax Pal Solutions, we provide comprehensive GSP registration services that help Indian exporters access lower tariffs in GSP-eligible countries. Our expert team ensures faster approvals, simplified documentation, and smooth international trade compliance.
What is GSP?
The Generalized System of Preferences (GSP) is a preferential trade program where developed countries offer reduced or zero customs duties on eligible products from developing countries. The goal is to promote economic growth and exports from beneficiary countries like India.
Objectives of GSP:
- Facilitate international trade by reducing tariffs
- Encourage economic development and job creation
- Diversify export products
- Integrate developing countries into the global economy
Benefits for Indian Exporters
- Lower Tariffs: Make products more competitive internationally
- Higher Profit Margins: Reduce duty costs and increase earnings
- Market Expansion: Easier entry into GSP-participating countries
- Faster Approvals: Streamlined registration process
- Trade Facilitation: Simplifies customs and export documentation
Rules of Origin
To qualify for GSP benefits, goods must meet specific origin criteria:
| Rule | Description |
|---|---|
| Wholly Obtained | Products entirely produced or grown in India (e.g., agricultural goods, minerals) |
| Substantially Transformed | Manufacturing in India using imported raw materials with significant value addition (30-50%) |
| Direct Consignment | Goods shipped directly from India to the donor country |
| Product Specific | Only GSP-listed products of a donor country are eligible |
GSP Certificate of Origin
The GSP Certificate of Origin (Form A) is an official document verifying that exported goods qualify for preferential tariffs.
Why it matters:
- Reduces import duties for buyers in GSP countries
- Boosts export volume and market access
- Enhances profit margins
- Mandatory for claiming duty-free benefits
Steps to Obtain GSP Certificate Online
Step 1: Registration on CoO Portal
- Register on the DGFT Common Digital Platform
- Upload business documents for approval
Step 2: Submit Online Application
- Enter exporter and consignee details
- Specify goods, HS codes, quantity, and value
- Provide evidence for Rules of Origin
- Select the issuing agency (e.g., Export Inspection Council)
Step 3: Verification & Issuance
- Agency verifies documents and origin compliance
- Digitally signed GSP Certificate issued for download
Documents Required
| Document | Purpose |
|---|---|
| IEC Copy | Importer Exporter Code verification |
| Company Registration Proof | Certificate of Incorporation/Partnership/Proprietorship |
| GST Certificate | Tax compliance verification |
| Banker’s Certificate | Bank account verification |
| Manufacturing Process Details | To demonstrate product origin and value addition |
| Raw Material Invoices | Domestic vs imported material proof |
| Export Invoice & Packing List | Shipment details |
| Bill of Lading / Air Waybill | Proof of export |
| Declaration of Origin | Compliance statement for GSP |
| Fee Payment Proof | Application fee confirmation |
GSP Registration Fees
| Fee Component | Details | Approx. Cost (₹) |
|---|---|---|
| Registration Fee | One-time, via Export Promotion Council | 1,000 – 5,000 |
| RCMC Issuance | Registration-Cum-Membership Certificate | 2,000 – 7,500 |
| CoO Issuance | Per GSP certificate per consignment | 200 – 500 |
| Digital Signature Certificate | 1–2 year validity for online submission | 1,000 – 1,500 |
| Consultancy Fee (Optional) | Third-party assistance | 1,000 – 3,000 |
GSP vs BIS
| Aspect | GSP | BIS |
|---|---|---|
| Purpose | Reduced tariffs for exports | Product quality & safety standards |
| Authority | Foreign governments & Export Councils | Bureau of Indian Standards |
| Focus | Trade facilitation | Domestic compliance |
| Applies To | Exporters to GSP countries | Manufacturers/importers in India |
| Certificate | GSP Certificate of Origin | BIS Certification (ISI/CRS) |
| Benefit | Lower export costs, competitive pricing | Legal market access, consumer trust |
| Mandatory | Voluntary but beneficial | Mandatory for notified products |
Certification
