Page 101 - eBook: EXIM for Beginner

Examples of TRANSPORT documents:

c. Insurance certificate

• means the acts of a certification authority in creating a

certificate and notifying the subscriber listed in the certificate of

the contents of the certificate.

• 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).

• PCO 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.

• 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.