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Announcement on Abolishment FOB Value in the CO Form AANZFTA.

Dear Valued Customers,

Warmest Greetings from Dagang Net Technologies Sdn Bhd

Please be informed, ASEAN, Australia and New Zealand have agreed to the amendment to the Certificate of Origin (CO) Form AANZ on the abolishment of the FOB value, except when the originating criterion used is Regional Value Content (RVC).

The Federal Government Gazette for the amendments related to AANZFTA has been gazetted on 30 September 2015 for implementation effective on 1 October 2015.

Attached is the announcement on the "Abolishment of FOB Value in the CO Form AANZFTA.

Announcement on Abolishment FOB Value MITI Website_AANZFTA.pdf

In addition, please also be informed that the old CO Form AANZ will not be accepted starting from 1 April 2016.

Please find that below mapping will take place in the system, where only new Origin Criterion will be made available:

 

No

OLD Origin Criteria

NEW Origin Criteria

1

WO

WO

2

PE

PE

3

RVC

RVC x%

4

CTH

CTC

5

PSR (CTC)

CTC

6

PSR (RVC)

RVC x%

7

-

CTSH + RVC 35%

8

PSR (Other)

Other

 

The new Origin Criterion is valid on old AANZFTA form and new AANZFTA form from 1/10/2015 to 31/3/2016. Come 1/4/2016, only new AANZFTA form is allowed.

Thank You.

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