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About Certificate of Origin

Posted by: Jack | 2016-12-15 14:45:00

It's necessary for foreign traders to know Certificate of Origin. It is a certification document to certify the original country or area of the exported goods and it is the certificate of origin in international trade practices. In certain cases, import countries will accordingly give different tariffs on imported goods. There are many different kinds of Certificate of Origin, such as CO, FORM E, FORM A and FORM F-too many to list out here. Although the Certificate of Origin is varied, indeed a few lists are needed to fill in. Next I will take the most commonly used CO as an example, let's see what we should know about making the Certificate of Origin.

Generally speaking, goods to Dubai and Bangladesh need CO. To make CO, it needs to refer to the information on BL and invoice. Firstly, create a new CO, named after invoice number.

Then, it comes to the edit page. The first field "Exporter": state the name and address of the supplier that should fill according to the "Shipper" on the bill of lading. Then "Consignee", usually we fill it based on the "Consignee" on the bill of lading, however, for some customers who deal with L/C, "Consignee" is "TO THE ORDER OF **BANK", while "Notify party" is the name of buyer. In this case, we usually fill the CO according to the name of actual buyer(also Notify party), because the CO is issued for the customer(also for buyer). Of course, you can confirm with the client in advance.

Next the third field "Means of transport and route": state the Port of Loading and the Port of Destination of the bill of lading. After filling the information, it wll automatically generate the fourth field.

You can see the imported ingredients logo and gross/net weight identification on the right hand. If your product accessories are homegrown, then choose "P", otherwise "W", but it can't be left blank. The following logos depend on what you want to show on the CO.

The following is to edit commodity part–to fill the sixth, seventh, eighth, ninth and tenth fields–shipping mark, description of goods, H.S. Code, gross weight and other information, all must be consistent with the bill of lading, and the invoice number and date refer to the invoice.

The eleventh and twelve fields are the date and place of filing and the signing date and place, which depend on your company location. Both two dates can't be earlier than the invoice date, and also not later than the shipment date. If it is later, it will become the lag certification. So when making the CO, we should confirm the on board date on the bill of lading with freight forwarding company in advance, then revise these two date.

After filling out the document, click "save" and "print", then select "export image" to export a CO picture to send to the client for confirmation.

Of course, the prerequisite of making a CO is that you have got the signature qualification. As for how to get the qualification, you can consult the local CCPIT to learn about the detailed steps.

Tags: Certificate of Origin, L/C, Foreign Trader

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