Most countries now are applying different customs duty rate upon imported commodities from different countries. In the specific conditions, import countries will provide different tariff treatment according to the C/O. While in some cases, tariff duty rates can make up a large part of the total landed cost.
Osb Heat pump can offer such certificate of origin such like CO, F.F, F.A. and so on for our clients who bought heat pump from us.CO, which stands for Certificate of origin, is one of the importance shipping document which used for certification that the products exported are wholly obtained, produced or manufactured in a particular Country.
Why the certificate of origin is important? Is it a must?
As you may know, certificate of origin of China, it is a shipping paper
shipping paper which intended solely to prove the origin of goods were made in China, and in order to satisfy customs or trade requirements.
Now the CO certificate can be served as:
Reference for trade statistics
Evidence of goods’ inner quality or settlement of exchange
Important tool for deciding on tariff treatment
When does this certificate of origin is needed?
Certificates of Origin should only be issued when they are actually needed, for example, in the following circumstances:
To meet customs requirements in the importing process
The customer/buyer/importer (consignee) requires it
To meet ‘quota’ or statistical requirements imposed by the importing country
To comply with the banking or trade finance requirements ( L/C, letters of credit)
Osb Heat pump which made in China, surely able to apply it for all our clients, which could help our clients for Customs Clearance and save some import tax/duty.
We are happy to help and provide more info if need, feel free to contact us for further info.
