(Maklumat dikemaskini sehingga 01 Januari 2020)
CO is a certificate issued by a competent authority of the exporting country that certifies the origin of the goods. There are 2 types of certificates which are Preferential Certificate of Origin (PCO) and Non-Preferential Certificate of Origin (NPCO).
It is a certificate/trade document that helps identify the origin of the good and not used to claim for preferential tariff rates. Normally goods will be released using import duty rate as per Customs Duties Order enforced.
MFN rate is a normal non-discriminatory rate charged on imports (excludes preferential tariff rate under free trade agreements).
Preferential Tariff Treatment means special treatment in the form of preferential tariff import duty for goods that satisfy origin criteria under relevant agreement.
CO is a certificate/trade document issued by a competent authority of the exporting country that certifies the origin of the goods, which allows importer to claim for preferential tariff rates based on Rules of Origin of each agreement entered into force.
FTA is an agreement made between two or more countries under which countries involved are given preferential market access.
Thus far, there are 7 multilateral and 7 bi-lateral FTAs enforced in Malaysia. Below is a list of FTAs enforced.
The agreements can be accessed via Ministry of International Trade and Industry webportal (http://www.miti.gov.my/)
Preferential tariff rate can be accessed via e-Federal Gazette (http://www.federalgazette.agc.gov.my/bm_index.php)
Certified Exporter is an authorized exporter appointed by competent authority of the exporting country to issue an Invoice Declaration or commercial documents.
Claim for preferential tariff rate at the time of importation:
Importers can enjoy preferential tariff treatment once all origin requirement is fulfilled and Certification of Origin (CO) or declaration of origin is submitted at the time of importation.
At the time of importation, importers would need to pay MFN rate and undertake to submit the CO once received from exporter. Importers can apply for duty refund after submitting the CO.
Only original copy of CO will be consider for claiming preferential tariff treatment at the time of importation.
If there the HS Code in Certificate or Origin (CO) and Customs Form 1 (K1) are different, can importers enjoy preferential tariff rate?
Inconsistent information in CO is not acceptable to claim for preferential tariff treatment. Importer needs to ensure all information of the imported goods in the CO is consistent and correct.
The goods can be released after payment of duty of MFN rate has been made. Importers are allowed to submit Bank Guarantee for difference between MFN and preferential tariff rate.
At the time of exportation:
The application can be made through Ministry of International Trade and Industry (MITI).
Information on Preferential Certificate of Origin (PCO) or Non-Preferential Certificate of Origin (NPCO) application can be obtained in MITI website (http://www.miti.gov.my/)