Upgraded version of certificate of origin to help export enterprises to explore the ASEAN market

release time:2020/9/7

"The updated rules of origin provide strong policy support for our enterprises to expand exports and explore the ASEAN market." "Said Liu Liping, customs clearance supervisor at Jiepu Electronics (Guangzhou) Co., a company under the jurisdiction of Huangpu Customs.

Certificate of origin is a necessary certificate for enterprises to enjoy differential tariff treatment of importing countries for their export products. Through the certificate of origin issued by exporters, they can obtain tariff reduction and exemption of importing countries, reduce trade costs, and enhance the competitiveness of their products in overseas markets. The updated rules of origin are the "updated" version of the China-Asean FREE Trade Agreement implemented last August. Compared with the previous version, the rules of origin are more relaxed and the application and use of CERTIFICATE of Origin is more convenient.

According to Notice No. 136 of the General Administration of Customs (GAC) in 2019, the new version of the certificate has made significant adjustments to the rules of origin and the format of the certificate of origin: the rules of origin have been upgraded from a single standard to a selective standard, making it easier for exporters to obtain preferential qualification for products that meet specific rules of origin; It simplifies the submission of documents for goods in transit. If the enterprise has submitted documents for the whole journey that can meet the direct transport rules, there is no need to issue documents for transit. For the same batch of goods, the new version of the certificate is no longer subject to the maximum quantity limit of 20 items, and the application enterprises do not need to split the invoice number to declare goods with many miscellaneous items, which fully meets the diversified needs of export enterprises.

"Over the past year since the implementation of the 'upgraded' version of the AGREEMENT, our enterprises have applied for 125 certificates of China-Asean Origin in the Huangpu Customs Area, up 381 percent year on year, saving us nearly 400,000 yuan in tariff costs when entering other countries' markets," he said. Jie Pu electronics (Guangzhou) Co., LTD. Staff introduced.

According to the statistics of the Huangpu Customs, 201,600 "upgraded" CERTIFICATES of origin were issued in the past year, with the value of the visa valued at 37.732 billion yuan, on which enterprises in the customs area were able to enjoy tariff reduction and exemption of 3.69 billion yuan.

"In the first half of 2020, a total of 93,000 certificates of ORIGIN have been issued, accounting for about 40% of the total. Plastic products, mechanical and electrical products and furniture are the top three commodities in terms of the number of certificates of origin," said a person in charge of the Customs Office of Huangpu Customs. In view of the large number of China-Asean export visas in the customs area, Huangpu Customs carries out "one to one" policy guidance to key export enterprises under its jurisdiction to help them timely grasp the new trade policies. Further simplify the certificate application process and promote the self-service printing of CO (CEPA). In May this year, the self-service printing of Co (CEPA) in Indonesia and Singapore was added, and the number of types of certificate can be expanded to 16, realizing the "zero contact" processing of THE whole co (CEPA) process. We will promote the "smart signature" system to issue China-Asean CERTIFICATES of Origin immediately, greatly enhancing the efficiency of signature verification. We will make full use of the upgraded preferential policies of the China-Asean FREE Trade Agreement to help export enterprises expand in the ASEAN market.

Copyright Taishan Chuanggu Group All Rights Reserved

Tel: +86-538-5073088

Email: taishanchuanggu@163.com


Address: Tai’an city, Shandong province,China, 271000.

+86-538-5073088
taishanchuanggu@163.com