Are you responsible for overseeing the import and export of goods for a corporation? The duties involved can be very strenuous and require an eye for detail. In order to ensure your company’s products are able to pass through customs, it is vital to provide customs agents with certain information, including a Certificate of Origin. If you’re unfamiliar with this document, you may very well want to begin with a Certificate of Origin template.
What Is It?
First and foremost, you should familiarize yourself with the underlying purpose of this document. Although the document serves a purpose of paramount importance, its underlying fundamentals are very simplistic. Basically, the document helps to clearly identify the country where the shipped goods are obtained, manufactured, produced, or processed. Providing this information to the appropriate agency will help ensure your goods arrive on time and that the appropriate duties are paid.
Due to trade agreements, federal laws and other statutes, the Certificate of Origin is a necessity. Shipments from certain countries may not be received everywhere or the shipper may be forced to pay a hefty duty. The document helps to provide the oversight agency with the information they need to determine the legality of your goods and how much to charge in the form of duties. If the document is not included in the shipment, it may be returned to the sender without further questions.