The issuer of the Certificate of Origin for Entrepot Trade should be determined according to different situations. If it is an ordinary entrepot trade and the goods only stay briefly in the transit country without any substantial processing to change the state of the goods, the Certificate of Origin is generally issued by the country of origin. In this way, the destination country can determine the tariff treatment of the goods based on the Certificate of Origin of the country of origin.
However, if the goods are substantially processed in the transit country, for example, the raw materials are processed into new products, then it may be necessary for the transit country to issue the Certificate of Origin. The Certificate of Origin issued by the transit country can prove the processing situation of the goods in that country, which conforms to the identification of the source and processing situation of the goods by the destination country. In addition, some entrepot trades may also involve the issuance of the Certificate of Origin by a third-party institution. For example, when the buyer and the seller agree that a professional certification institution will provide a Certificate of Origin with public credibility, it will be the responsibility of this third-party institution to issue it. In conclusion, the appropriate issuer of the Certificate of Origin should be selected according to the specific situation of the entrepot trade to ensure the smooth progress of the trade.
Professional consultant answers
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
The issuer of the Certificate of Origin for Entrepot Trade should be determined according to different situations. If it is an ordinary entrepot trade and the goods only stay briefly in the transit country without any substantial processing to change the state of the goods, the Certificate of Origin is generally issued by the country of origin. In this way, the destination country can determine the tariff treatment of the goods based on the Certificate of Origin of the country of origin.
However, if the goods are substantially processed in the transit country, for example, the raw materials are processed into new products, then it may be necessary for the transit country to issue the Certificate of Origin. The Certificate of Origin issued by the transit country can prove the processing situation of the goods in that country, which conforms to the identification of the source and processing situation of the goods by the destination country. In addition, some entrepot trades may also involve the issuance of the Certificate of Origin by a third-party institution. For example, when the buyer and the seller agree that a professional certification institution will provide a Certificate of Origin with public credibility, it will be the responsibility of this third-party institution to issue it. In conclusion, the appropriate issuer of the Certificate of Origin should be selected according to the specific situation of the entrepot trade to ensure the smooth progress of the trade.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Generally speaking, if the goods are not processed in any way in the transit country, the Certificate of Origin issued by the country of origin can meet the customs clearance requirements and prove the original source of the goods.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
If the transit country has a simple treatment of the goods but does not reach substantial processing, the Certificate of Origin can also be issued by the country of origin, depending on the requirements of the customs of the destination country.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
When the goods are deeply processed in the transit country and key attributes such as the tariff number of the goods are changed, it is highly likely that the transit country will issue the Certificate of Origin.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Sometimes the buyer and the seller will stipulate the issuer of the Certificate of Origin in the contract, and just follow the contract.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
If the destination country has special trade policies towards the country of origin, even if the goods are processed in the transit country, it may still be necessary for the country of origin to issue the Certificate of Origin.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
In some entrepot trades, in order to simplify the process, institutions that specialize in trade services like Zhongshitong may also be chosen to assist in handling the Certificate of Origin as they are familiar with various processes.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
If it involves a free trade agreement, the issuer of the Certificate of Origin should be determined according to the rules of the agreement. It may be the country of origin, or there may be other provisions.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
For some small-scale and simple entrepot trades, if the state of the goods remains basically unchanged, the Certificate of Origin of the country of origin can usually solve the customs clearance problem.