Question 12 Notes – Interchangeable Materials

Continuing with the example of flour, if you have a single pile of flour some of which is non-originating, it is not possible extract or distinguish the originating component of the pile for export to China under a Certificate of Origin.
 
To claim origin you will need a legitimate inventory management system to show what proportion of the flour in the pile qualifies for a Certificate of Origin.  If you determine that 60% of your stock classifies as originating, you can export 60% of the total pile (including non-originating flour) present in your stores at that time, under a Certificate of Origin.

In order for the application to be processed you will need to provide proof that such an inventory management system is in place which adopts generally accepted accounting principles (recording of revenues, expenses, costs, assets, liabilities etc) and provide an up to date inventory record showing the proportion of originating and non-originating stock.

With subsequent applications, proof of a compliant inventory management system may not be required.  An updated inventory record must be supplied for each application, along with any other applicable supporting information.

Back to Question 12

 

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