India–Korea CEPA Explained: Duty Benefits for Korean Imports
The India–Korea Comprehensive Economic Partnership Agreement (CEPA) is a trade agreement that reduces or eliminates customs duty on a wide range of Korean-origin goods. For importers, it can dramatically lower landed cost — but only if claimed correctly.
How CEPA Works
Goods that qualify as Korean-origin under CEPA rules attract a preferential (lower) customs duty instead of the standard rate. Many product categories are covered, with tariffs phased down over time.
The Key: Certificate of Origin
To claim the benefit, you must present a valid Certificate of Origin (CoO) issued by the authorised Korean agency, proving the goods meet CEPA's origin criteria. Without it, standard duty applies.
Steps to Claim
- Step 1: Confirm your product's HS code is covered and check the preferential rate.
- Step 2: Have the Korean exporter obtain the CEPA Certificate of Origin.
- Step 3: Declare the preferential rate on the Bill of Entry and attach the CoO.
Common Mistakes
- Missing or expired Certificate of Origin.
- Goods that don't meet origin/value-addition criteria.
- Wrong HS classification that misses the benefit.
Statura checks CEPA eligibility and ensures the paperwork is right so Korean importers pay the lowest lawful customs duty.