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CERTIFICATES
OF ORIGIN
EVERYTHING YOU NEED TO KNOW ABOUT
Ask your supplier for only the
COs of the products you
actually purchase from them.
ONLY REQUEST RELEVANT
CERTIFICATES OF ORIGIN
2
FTAs are complex and
failure to comply can
result in reassessment of
duty, interest and
penalties retroactively for
several years.
LEARN THE RULES
1
the CO is properly completed,
the goods you sell are listed
on the form,
the CO is signed by a
responsible party* within your
vendor's operation.
VERIFICATION PROCESS TO
CONFIRM 3 THINGS
*someone who knows how the
goods qualify for the specific FTA
i)
ii)
iii)3
Your contract terms and
conditions should do 2 things:
OUTLINE YOUR VENDOR'S
RESPONSIBILITIES
i)
ii)
mandate the vendor to
validate every CO they
supply,
indicate that failure to
do so means they're
responsible for paying
the cost of cancellation
or penalty.
4
These give you permission
to import the same product
for up to 12 months.
ASK FOR BLANKET
CERTIFICATES
6
Ensure you trust their
knowledge of rules of origin.
YOUR VENDOR'S
KNOWLEDGE IS A MUST
5
A certificate of origin (CO) is a legal document
that certifies goods that qualify for a lower duty
rate, based on Free Trade Agreements (FTAs).
Certificates of Origin. It's what we do.
Save money on duties and
gain a competitive advantage
in the marketplace
Protection in
case of an audit
Reduce the risk of
duty assessment
after the fact
  B E N E F I T S
coleintl.com
  T I P S
Source: coleintl.com

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Certificates of origin

  • 1. CERTIFICATES OF ORIGIN EVERYTHING YOU NEED TO KNOW ABOUT Ask your supplier for only the COs of the products you actually purchase from them. ONLY REQUEST RELEVANT CERTIFICATES OF ORIGIN 2 FTAs are complex and failure to comply can result in reassessment of duty, interest and penalties retroactively for several years. LEARN THE RULES 1 the CO is properly completed, the goods you sell are listed on the form, the CO is signed by a responsible party* within your vendor's operation. VERIFICATION PROCESS TO CONFIRM 3 THINGS *someone who knows how the goods qualify for the specific FTA i) ii) iii)3 Your contract terms and conditions should do 2 things: OUTLINE YOUR VENDOR'S RESPONSIBILITIES i) ii) mandate the vendor to validate every CO they supply, indicate that failure to do so means they're responsible for paying the cost of cancellation or penalty. 4 These give you permission to import the same product for up to 12 months. ASK FOR BLANKET CERTIFICATES 6 Ensure you trust their knowledge of rules of origin. YOUR VENDOR'S KNOWLEDGE IS A MUST 5 A certificate of origin (CO) is a legal document that certifies goods that qualify for a lower duty rate, based on Free Trade Agreements (FTAs). Certificates of Origin. It's what we do. Save money on duties and gain a competitive advantage in the marketplace Protection in case of an audit Reduce the risk of duty assessment after the fact   B E N E F I T S coleintl.com   T I P S Source: coleintl.com