certificate of origin


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Certificate of Origin

A document certifying the country of origin for goods sold internationally.

Certificate of Origin

A document stating the country in which a product was manufactured. Many countries require certificates of origin as part of the paperwork necessary for importing goods. This is because most nations give certain other nations preferential or detrimental treatment with regard to trade. That is, it may charge no or very low tariffs on some countries while charging very high tariffs on others. A certificate of origin lets customs agents know what fees are applicable to a given shipment of goods.

certificate of origin

a document used to authenticate the country of origin of internationally traded goods. Most trading countries are prepared to accept certificates of origin issued by government departments of their trade partners or their appointees (CHAMBERS OF COMMERCE in the UK). However, complications as to their precise country of origin often arise in the case of goods which are assembled in one country using components which are in the main imported from other countries. See LOCAL CONTENT RULE, EXPORTING.

certificate of origin

a document used to authenticate the country of origin of internationally traded goods. Most trading countries are prepared to accept certificates of origin issued by government departments of their trade partners or their appointees (CHAMBERS OF COMMERCE in the UK). However, complications as to their precise country of origin often arise in the case of goods that are assembled in one country using components that are in the main imported from others. See LOCAL CONTENT RULE, EXPORT
References in periodicals archive ?
Engineer Sohail Lashari said that the online submission of Certificate of Origin is a great time saving move as through this exercise the representative of the exporting would be able to complete and submit the CO while sitting at his place of business.
We are proud to display our Certificate of Origin as a guarantee of Russian Standard Vodka's quality and provenance," said Roustam Tariko, founder and president of Russian Standard Vodka.
The new laws, which have been under discussion for a long time but are not formulated yet, cover foreign investment, competition, certificate of origin, commercial arbitration and industry affairs regulation.
Guatemala's Customs Authority has issued a "friendly reminder" to all local importers about the filling out of the Certificate of Origin when requesting preferential treatment under the DR-CAFTA agreement.
It has been agreed upon by the government and Aprisindo that import recommendation does not have to be accompanied with certificate of origin (CO) and certificate of health (CH).
Products shipped between Canada, Mexico and the United States must possess a NAFTA certificate of origin to qualify for the treaty's tariff reductions.
2, NextLinx's newest version of its enterprise global trade software platform, Trade Agreements supports the complete process of trade agreement qualification, certificate of origin and supplier certification management, and record keeping and reporting, for manufacturing customers such as Haworth, Honeywell, Mary Kay, Scientific-Atlanta and VF Corporation.
In November, without any prior notice, the business community was informed by the customs authorities that a BD50 deposit would be imposed (instead of the former BD10) against the production of a Certificate of Origin for imported goods to be certified by an Arab Embassy.
Having obtained the ministry's prior consent, however the importer should produce some documents required to process the transaction such as a botanic Free-From-Pest Certificate, Certificate of Origin which denotes from where seedlings are imported, bill of lading, payment invoice and list of contents.
Lee Ju Song, Asia Director of the International Chamber of Commerce (ICC), told Gulf News recently that the Dubai Chamber is one of the ICC's "most active members and has the expertise and the financial capability but also for the administrative ability and professionalism for the best trade resource and documentation -- especially the certificate of origin -- as well as it accessibility to the business community".
The certificate of origin law aims to re-organise legislations related to certificates of origin in order to specify the origin of the homeland of the commodity and will allow the Ministry to impose fines and penalties on incorrect documents and data.

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