If you are in the business of international trade you would have no doubt heard about a Certificate of Origin.. But not everyone is familiar with what is a certificate of origin, why it is required, who issues it etc.. This article aims to clarify these points..
A Trade agreement is a contractual arrangement between countries concerning their trade relationships and how they conduct trade with each other..
Customs department in the importing country may require a “proof of origin” in order to determine whether or not the cargo that is imported may be subjected to trade measures such as the preferential duty tariff (for stuff that is imported from with the PTA bloc), free trade deals, prohibited goods etc..
Have you read Article 1 and Article 2 of this shipping blog..?? Before we start with Article 3 which is the export process, lets look at some definitions/explanations : Shipper or Exporter : Companies that are authorised by Customs and Govt authorities to export cargoes from South Africa to various countries.. Place of Origin : A place from which a … Read more here..