Business owners get first detailed look at Certificate of Origin
Companies looking to cash in on the zero tariff benefits for goods under Cepa were yesterday given more details on the procedures to be followed.
Most importantly, business owners were able to get their first glimpse of the Certificate of Hong Kong Origin, which is needed to show that the product to be imported to the mainland falls under one of 273 tariff-exempt categories.
Secretary for Commerce, Industry and Technology John Tsang Chun-wah said applicants would not need to pay a fee for Certificates of Origin and the waiting time would be no longer than 14 days, provided applications were complete and accurate. The certificates will be valid for 120 days.
The government is providing a sample form on its website, a one-page declaration requiring the sender to fill in details about type of goods, quantity, value, and brand name or label.
Also required are details on the port the goods will be shipped to, the method of transport, factory number and official stamps.
However, the government said details on the exact procedures for applying for a Certificate of Origin would not be available until November.
To prevent people from using false certificates and resorting to other illegal activities, the authorities on both sides of the border will set up a computer link and share information at customs checkpoints to verify that certificates are genuine.
Service companies will be told soon how they can apply for Cepa benefits. Telecommunications companies will be able to submit applications for a Certificate of Hong Kong Service Supplier to the Trade and Industry Department on Thursday.
For companies in the other 17 service sectors covered by Cepa, application details will be released in November.
WHEN TO APPLY
Applications can be made for the Certificate of Hong Kong Service Supplier by the telecommunications sector from Thursday
Applications for a Rules or Origin certificate for the 273 product codes can be made from mid-December
Factory registration applications are now being accepted