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ASEAN Should Apply For The Certificate Of Origin.

2010/11/15 17:17:00 32

Under the background of the establishment of China ASEAN Free Trade Area, more and more domestic enterprises begin to dig gold ASEAN vigorously.

market

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But many domestic companies have yet to know how to bid for China ASEAN freedom.

Trade

The certificate of origin certificate will not be able to enjoy the "zero tariff" preferences brought about after the completion of the FTA.

Certificate of origin, certificate of origin, is a document that certify the origin of goods, and is a commodity entering the field of international trade.

Economics

The most important function of nationality and passport is the basis for the customs to determine the tax rate in the importing country.

The original goods exported to ASEAN countries that enjoy preferential tariff preferences must be issued by the designated government departments of China (AQSIQ and its entry exit inspection and quarantine institutions), which are specifically used for the certificate of origin (FORM – E) of the China ASEAN Free Trade Area.

After completing the registration of the local entry exit inspection and quarantine department, the enterprise may apply for the issuance of the FORM - E certificate.

It should be noted that the FORM – E certificate must be issued within 4 months from the date of issue.

Imported

The customs office may extend the special case to 6 months.

The exporter, who accords with the preferential terms, shall submit a certificate of origin in written form to the inspection and quarantine institution, and also submit relevant documents (such as invoices for related items such as raw materials, parts and finished products).

Upon receipt of the application, the inspection and quarantine organ will check the contents of the China ASEAN Free Trade Area in accordance with the requirements, and will issue the certificate of origin.

It is understood that in July 20, 2005, China and ASEAN formally began to grant preferential tariff treatment to more than 7000 products originating from each other, indicating that China ASEAN Free Trade Area has entered a substantive stage of construction.

China's average tax rate for ASEAN countries has dropped from 9.9% to 8.1%.

After 2007, the tax reduction rate was further accelerated.

In January 1, 2010, China abolished tariffs on 93% of ASEAN products, and ASEAN also imposed "zero tariffs" on more than 90% of our products.

In order to enjoy the "zero tariff" of the FTA, we must apply for the certificate of origin of China ASEAN Free Trade Area.

However, not every Chinese company has a sense of origin certificate, which results in the export enterprises losing the preferential treatment they should enjoy.

In addition, each certificate of origin has corresponding tax reduction arrangements and preferential schemes.

Therefore, the Guangxi entry exit inspection and Quarantine Bureau reminds foreign trade enterprises that they should know their specific provisions when they export to the ASEAN market, so as to get the preferential tariff treatment.

According to statistics, in 2009, Guangxi entry exit inspection and Quarantine Bureau issued 41601 certificates of origin, with a visa amount of US $225 million 500 thousand, enjoying a preferential tariff reduction of about 82 million 550 thousand yuan.

In 2010, 1~8 issued 28620 copies of the visa, amounting to US $135 million 620 thousand, enjoying a concession of about 39 million 600 thousand yuan.

According to the introduction, based on the non reciprocity and dynamic nature of GSP, the developed countries will eventually close the door of GSP which was originally open to China.

The tariff preferences of regional trade agreements are reciprocal and reciprocal, and products encounter little technical barriers, which will become a long-term trend of World Trade and economic development in the future.