2009年3月16日月曜日

Self-declared C/O Law draft published

As announced in Feb 19, Japan signed EPA with Switzerland. Self-declared Certificate of Origin (C/O) by approved exporter will be introduced first time in Japan with this EPA.
In Japan side, METI take responsibility of process of this C/O by approved exporter.
On March 10, METI announced the law relating to this self-declared C/O.
The main points are as follows.

  1. Definition and classification of C/O
    Currently, C/O is only issued by Chamber of Commerce in Japan. This existing scheme still remain for majority of EPA and GSP C/O. This type of C/O will be called "Type 1".
    The C/O issued by approved exporter will be called "Type 2" C/O.
  2. Authorization by METI
    Approved exporter must be authorized by METI before issuing self-declared C/O. The detailed process of this authorization will be announced later.
  3. Registration Tax
    In order to have this authorization by METI, the exporter need to pay registration tax, and it costs JPY90,000 (approx. US$900).
  4. Renewal of approved exporter authorization
    This approval need to be renewed by designated period. The period will be decided later by Ministerial Order, and the renewal fee will be needed. The amount of the fee will be also decided by METI later on.

(Source: METI web site http://www.meti.go.jp/press/20090310003/20090310003.html )

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