Certificate Of Origin: Everything You Need To Know

For international trading, it is necessary to know about shipping documents. here we are going to explain the certificate of origin with samples and essential details.

The certificate of origin is a document issued by the competent authority of the country certifying that the goods are produced or manufactured in the same country. Generally, it is issued by the Chamber of Commerce of the concerned country but in the case of Nepal, it is issued by the Federation of Nepal Chamber of Commerce & Industry and the Confederation of Nepalese Industry as well.

Sample COO

Who are the users of the certificate of origin?

Customs
banks
private stakeholders
importers

Types of certificate of origin

There are 2 types of certificates of origin. They are as below,

1. Preferential certification of origin

This type of certificate of origin uses to get an advantage of tariff, and duty exemptions relevant to Trade agreements.

2. Non-preferential certificate of origin

There is not include preferential party or treatments.

Why need a certificate of origin?

the main purpose of a certificate of origin is to prove that the shipment or product’s made in or manufacturing country.

For customs clearance purposes.

It may be a mandatory document for the importer’s bank when obtaining the Letter of credit(L/L) facility.

Who needs to apply certificate of origin?

The exporter needs to apply for a certificate of origin that mentions the country of origin.

Who issues certificates of origin?

Country of origin’s chamber of commerce.

How to obtain a certificate of origin?

As an exporter, you can apply for a certificate of origin through a freight forwarder or customs house agent. Otherwise, you can apply it directly to the chamber of commerce of the exporter’s country. You need to fill details form for the certificate of origin with the required documents. Some countries provide facilities for applying e certificates of origin. then you can submit details and supporting documents online.

What are the details included in the certificate of origin?

Exporter details: names and address contact number.
Manufacturer or producer details: required if the difference from the exporter
consignee/ importer or receiver’s name and contact details
HS code of the goods
Description of the goods
quantity and weight of the packages
number of packages
The country of origin
Bill of lading number or airway bill number.
Type of the shipment: LCL or FCL
Marks and numbers
declaration by the chamber
declaration by the exporter
Voyage details: voyage number
vessel name
port of loading
port of discharging
Export invoice number and date

Certificate Of Origin: Everything You Need To Know

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Certificate Of Origin: Everything You Need To Know

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