Asean Preferential Tariff Agreement

1.Contracting Parties accepting this form for the purposes of preferential tariff treatment under the ASEAN-INDIA Free Trade Agreement (AIFTA): (c) The determination of the origin of the goods shall be notified to the manufacturer/exporter and the competent issuing authority. Any suspended preferential tariff treatment shall be reintroduced when it is found that the products are considered to be originating. ASEAN members have the possibility to exclude products from the CEPT in three cases: 1.) Temporary exclusions 2.) Sensitive agricultural products 3.) General exceptions. Temporary exclusions concern products for which customs duties are eventually reduced to 0-5%, but which are temporarily protected by a delay in tariff reductions. (iii) in case of reasonable doubt as to the authenticity or accuracy of the document, the customs authority may suspend the preferential tariff treatment of the importing Party, pending the outcome of the review. However, it may, subject to such administrative measures as may be deemed necessary, submit the goods to the importer, provided that they are not subject to an import ban or restriction and that there is no presumption of fraud; and (c) in cases where an AIFTA certificate of origin is not accepted by the customs authority of the importing Party, the AIFTA certificate of origin shall be duly entered in box 4 and the aiFTA initial certificate of origin shall be returned to the issuing authority within a reasonable period of time, but not more than two months. The reasons for the refusal of preferential tariff treatment shall be duly notified to the issuing authority. 8.FOR OFFICIAL USE: the customs authority of the importing Party shall indicate in the corresponding boxes of column 4 (O) whether or not a preferential duty is granted. This new analysis proposes to examine two key areas: port facilities and competitiveness in the internet services sector. According to the report, reforms in these areas could increase ASEAN trade by 7.5 percent ($22 billion) and 5.7 percent ($17 billion). In contrast, a reduction in tariffs in all ASEAN members on the regional average in Southeast Asia would increase intraregional trade by about 2% ($6.3 billion).

[12] Unless otherwise specified, goods that meet the origin requirements set out in Rule 3 and that are used in a Party as materials for a good eligible for preferential treatment under those provisions are considered to originate in that Party when the good has been processed or processed. Efforts to close the development gap and expand trade among ASEAN members are key elements of the political debate. According to a 2008 research letter published by the World Bank as part of its Trade Costs and Facilitation Project[11], ASEAN members have the potential to reap considerable benefits from investments in further trade facilitation reform, due to the comprehensive tariff reform already implemented by the ASEAN Free Trade Agreement. . . .

11. September 2021 von Heiland
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