CBP Reminds Trade of KORUS Certificate of Origin Requirements
CBP sent a CSMS message reminding Korea-U.S. Free Trade Agreement filers of origination requirements for preference claims. When a Korea FTA preference claim is made on an importation into the U.S., an importer must have either a certification of origin in its possession, or the claim may be based on importer knowledge that the good is an originating good, including a reasonable reliance on information in the importer’s possession, said CBP.
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
The certificate of origin must comply with U.S. -- Korea FTA Article 6.15(2), including element (f) "information demonstrating that the good is originating," in accordance with 19 CFR 10.1004(a)(3)(v) and the U.S. -- Korea Implementation Instructions, March 12, 2012, Attachment A, available (here).
(See ITT's Online Archives 12101831 for news of a recently released frequently asked questions. See ITT's Online Archives [Ref:12031323 for summary of CBP's KORUS instructions.)