Certificate of origin issued by THE South China Sea Office is off to a good start

2022-05-12 0 By

It is reported that in the first month of RCEP’s implementation, Foshan Customs Office in South China Sea (hereinafter referred to as “South China Sea Office”) issued a total of 112 RCEP certificates of origin, with a value of about 32.591,400 yuan and tax exemption of about 479,800 yuan. The number of issued certificates ranked first in Guangzhou Customs area, laying a good start for the work of the New Year.On January 1, 2022, the Regional Comprehensive Economic Partnership agreement (RCEP) officially came into force. In order to help enterprises seize the new opportunities of RCEP, the South China Sea Office took the initiative to select enterprises under the jurisdiction of RCEP exporting countries, analyze the benefits of exporting goods under RCEP rules, and proactively contact enterprises.Publicize and implement RCEP policies to enterprises through wechat push, telephone consultation and one-to-one delivery policies.In addition to the most direct tariff concessions and more flexible arrangements for the production and processing of products based on the application of the cumulative rule of origin, RCEP also introduces approved exporter management to make it easier for companies to enjoy preferential policies related to origin.According to the briefing, the “Approved Exporter” system is an important facilitation measure for origin certification and also one of the highlights of RCEP implementation.An approved exporter registered with the Customs may issue a declaration of origin for the goods it exports or produces that qualify for origin under the relevant preferential trade agreement without applying for a certificate of origin from a visa agency.At present, the Customs has established an information system for the management of approved exporters to further facilitate the application process.Nanxin non-woven co., Ltd. is the leading enterprise of non-woven fabric industry in China. The products of the enterprise, such as polypropylene spunbond non-woven fabric and spunmelt non-woven fabric, are exported to Southeast Asia.”We have applied for a total of 10 RCEP certificates of origin this month, involving goods worth 5.87 million yuan, which can enjoy a tariff discount of 252,500 yuan,” said Zou Ju ‘e, head of the company’s customs affairs.In 2021, the South China Sea Office issued 37,89 certificates of origin for enterprises under its jurisdiction, up 35.43% year on year. The value of goods involved was about 9.646 billion yuan, up 54.37% year on year, and the tax exemption was about 458 million yuan, up 57.9% year on year.Going forward, the SOUTH China Sea Office will continue to promote facilitation measures such as intelligent verification and self-printing of origin visas, and guide more enterprises in the South China Sea to expand imports and exports from RCEP countries with appropriate policies.Disclaimer: This article is reproduced for the purpose of conveying more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: newmedia@xxcb.cn