The UK-India Free Trade Agreement is expected to enter into force this spring.
If you export to India, or have been thinking about it, there's one practical step you need to take right now: register origin details with HMRC.
Why registering is important
Without registration, you can't issue a valid origin declaration. This step is necessary because, otherwise, customers based in India won't be able to claim the preferential tariff rate.
Once registered, small firms can self-certify the origin of goods, which means no separate certificate is needed for every shipment.
Tariffs
India currently has some of the highest import tariffs of any major economy. The FTA changes that significantly for UK exporters.