27 Dec
Got Plans To Export? What’s A Certificate Of Origin, And Why Should I Get One?
The certificate of origin for export is a document the importing country requires for goods entering its territory. It is necessary to ensure that you receive the correct tariffs for the goods you are shipping. This confirms that customs have inspected and cleared the goods for import into your country. So, there are no problems upon departure or arrival. International trade agreements often specify specific standards for a Certificate of Origin.
Why would you need one?
You must apply for a certificate of origin to export products from Australia. This ensures that the products are not diverted or stolen during transportation.
This document keeps your product secure from being diverted or stolen during transportation. It also helps prevent fraud by assisting authorities in determining if a product export is illegal.
The manufacturer, importer, exporter, and retailer can use this document to ensure that they comply with all regulations. So, they can start exporting products from one country to another.
How do I apply for a certificate of origin?
To apply for a certificate of origin in Australia, you must complete an application form on the Department’s website. You must include your name, address, contact details, and a copy of your passport or other identification documents. must also provide details of the goods you intend to export from Australia and importing country. You will also need to give details of all the goods in your shipment. It could be how many cartons each item contains, its weight, and its dimensions. Also, include labels or packaging showing the contents of each carton. So that customs officials know what to check when they arrive at the port/airport abroad.
What is FTA?
A free trade agreement is a treaty between two or more countries to remove trade barriers. It establishes measures to make it easier for companies to do business in each other’s countries.
It is negotiated between two or more countries to remove trade barriers, including tariffs, and establish policies. So, it will make it easier for companies to do business in each other’s countries.
Some of Australia’s Free Trade Agreements and their Certificate of Origin
AANZFTA Certificate of Origin
It can reduce or eliminate tariff and duty rates on goods exported to ASEAN countries. To obtain it, you must first register as an exporter. The Agreement Establishing the AANZFTA includes Australia, New Zealand, Brunei, Myanmar, Cambodia, Indonesia, Laos, Malaysia, and the Philippines.
TAFTA Certificate of Origin
It can be used to eliminate tariff and duty rates on exported goods into Thailand. To obtain it, you must first register as an exporter. The Thailand-Australia Free Trade Agreement is one of two agreements Australian businesses can use to trade with Thailand. As a member of the ASEAN, Thailand is also part of the AANZFTA.
KAFTA Certificate of Origin
It can be used to avoid tariffs and duty rates when exporting goods from Korea. To obtain it, you must register with us as an exporter. The Korea-Australia Free Trade Agreement is a free trade agreement between Korea and Australia. It entered into force on December 12, 2014.
JAEPA Certificate of Origin
It can be used to avoid tariffs and duty rates when exporting goods from Japan. To obtain it, you must register with us as an exporter. The Japan-Australia Economic Partnership Agreement is a bilateral trade agreement between Japan and Australia. It went into force on January 15, 2015.
ChAFTA Certificate of Origin
It can be used to avoid tariffs and duty rates when exporting goods from Japan. To obtain it, you must register with us as an exporter. The China-Australia Free Trade Agreement was signed on December 20, 2015, and entered into force on December 20, 2015.
It’s a good idea to get your hands on a certificate of origin when shipping internationally. The documents may seem tedious and unnecessary. However, they’re essential for establishing your rights as a trader in countries with strict trade laws. Your declaration will also help to protect you if you need to claim on an insurance policy. It could be for any unforeseen damage or loss of goods during transport.
Overall, you should be more careful and do more research when importing products from another country. You should get a certificate of origin before you start importing from overseas. Not only will it save you from possible fines that could compromise your whole business. However, it will also give the consumer peace of mind from worrying about whether the product is fake or not.
