Central Board of Indirect Taxes & Customs (CBIC), launched the India-Korea Electronic Origin Data Exchange System (EODES).
- The Electronic Origin Data Exchange System is aimed at facilitating the smooth implementation of the India-Korea Comprehensive Economic Partnership Agreement (CEPA) by way of electronic exchange of origin information between the two customs administrations in respect of the goods traded under the CEPA.
- The data fields in a Certificate of Origin (CoO) shall be electronically shared by the exporting customs administration with the importing customs, as soon as the certificate is issued.
- This would facilitate faster clearance of imported goods.
