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Showing posts from August, 2018

Why is a Certificate of Origin Important for Export Documentation?

The Certificate of Origin verifies the place of growth, production, and manufacture of goods. It contains a certification by an empowered authority. In Australia, the Certificate of Origin is used to specify that goods were grown, produced and manufactured in Australia. Likewise, a Certified Declaration of Origin verifies the origin of products manufactured out of Australia and/or combined in a shipment with products originating from Australia. Certificate of Australian Origin is required: For exporting goods from Australia For customs clearance at the delivery port As mentioned in a letter of credit This certificate is typically important for customs clearance at the country of arrival. Overseas buyers and business receiving goods can also request a Certificate of Origin. In some cases, companies receiving goods would also require the certificate before authorizing the bank to issue a letter of credit. According to certain free trade agreements, the Certificate of Origin is