Singapore Customs alerts exporters to updated rules when exporting to India
Singapore Customs has issued a circular alerting exporters to changes to export requirements under the revised India-Singapore Comprehensive Economic Cooperation Agreement (‘CECA’) when exporting goods to India.
Circular No: 09/2018 outlines changes to the rules of origin (‘ROO’) and operational certification procedures (‘OCP’). The new requirements took effect on 14 September 2018. The Circular states that:
‘Under the revised CECA ROO, a good will qualify as an originating good if:
- a) at least 35% of its content originate from Singapore or India; and
- b) non-originating raw materials used to manufacture the good underwent a change in the first 6 digits of the HS code, i.e. different from the HS code of the finished good at the first 6 digits of the HS code. ‘
The list of products covered under Product Specific Rules (‘PSR’) has also been updated, and details are given of when ‘de minimis’ goods will be considered ‘originating goods’ under the revised CECA.
Circular No: 09/2018 can be found here:
https://www.customs.gov.sg/-/media/cus/files/circulars/ca/2018/circular092018-ver1.pdf