Please be advised the CPTPP will be starting up December 30th
Tariff code 33 is to be used if we have a certificate
https://www.cbsa-asfc.gc.ca/publications/cn-ad/cn18-22-eng.html
There is no specific document and it could be on the invoice itself – but the invoice would require the Classification and origin criteria to be a proper document
The rules are very similar to NAFTA – certificate required – direct shipment
Important exceptions – the importer can make up the certificate as well as the exporter or producer – We have 4 years to claim back
We have sent the below message to all clients:
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Please be advised the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will come into force on December 30th, 2018
This is a Free Trade Agreement between Canada and ten other countries but will initially just be:
- Australia
- Canada
- Japan
- Mexico
- New Zealand
- And Singapore
The other five nations are:
- Brunei
- Chile
- Malaysia
- Peru
- And Vietnam
And will be joined into the agreement at later dates. Vietnam is scheduled for January 14th, 2019
The agreement will either require a certificate like NAFTA or a similar amount of information on the commercial documents
Importations may be immediately duty free or be subject to annual tariff reductions dependant on product.