General

According to the Announcement No. 33 of 2022 of the General Administration of Customs (Announcement on Adjusting the Format of the Certificate of Origin under the China-Korea Free Trade Agreement), starting from June 12, the certificate of origin of the China-Korea Free Trade Agreement will cancel the upper limit of 20 items. Item restrictions, to provide greater convenience for the import and export of enterprises.

Previously, the certificate of origin of the old version of the China-Korea Free Trade Agreement could only declare a maximum of 20 commodity items, while the declaration form was limited to 50 commodity items. According to the relevant provisions of the preferential trade agreement, one import declaration form can only correspond to one preferential certificate of origin. If an enterprise imports more than 20 items of goods in a batch, it needs to apply for multiple certificates of origin, and divide the manifests in batches. Carry out customs declaration. The new version of the China-Korea Free Trade Agreement certificate of origin cancels this restriction, which will help reduce the cost of customs declaration for enterprises and further increase the enthusiasm of enterprises to take advantage of the certificate of origin.

In terms of exports, the customs will fully use the new version of the certificate from June 12, and stop issuing the old version of the certificate. After June 12, if the enterprise applies to change the old certificate, the customs will issue the new certificate. In terms of import, the customs can accept the new certificate issued by South Korea from June 12, 2022 and the old certificate issued before June 11, 2022 (including June 11).

Wujiang Customs reminds relevant enterprises to switch between old and new versions of certificates in a timely manner to avoid misuse of certificate versions, which will affect the normal customs clearance of goods.