Manufacturing Cost Statement For Product Qualifying For Export Under The Gsfta

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SAMPLE FORMAT
MANUFACTURING COST STATEMENT FOR PRODUCT QUALIFYING FOR EXPORT UNDER THE GSFTA
Name of Manufacturer
:
UEN No :
:
Description of Product
:
HS Code:
Model No
:
Unit Price:
S$
:
(Ex Works)
Country exported to
:
Gulf Cooperation Council (GCC)
This Statement is for
Unit(s)
Date of Statement
:
Unit Cost (CIF)
*HS
Country of
Supplier's Name (if Locally
Code
Origin
Manufactured)
Local
GCC
Foreign
Total
1. Raw Materials,
(Please give detailed
breakdown)
a)
b)
c)
d)
2. Direct Labour Cost :
Wages
Other benefits
(CPF, medical benefits etc)
(Please give detailed
breakdown)
3. Direct Overhead Cost :
(eg Factory rent, Depreciation
costs, Maintenance)
(Please give detailed
breakdown)
4. Ex-Works Cost (1+2+3)
5. Profit
6. Ex-Works Price (4+5)
* Applicable for products qualifying for the Product Specific Rules in Annex 3 of the Agreement. Please declare the HS
Subheading code (first 6-digits) of foreign materials and materials of undetermined origin.
Calculations :
Ex Works Price – Foreign / Non Originating Material Cost
Qualifying
Value Content
=
--------------------- ----------------------------------------------------------
x 100 =
%
Ex Works Price
________
Declaration :
I declare that the information provided by me is true and correct. The last production process of the good is carried
out in Singapore and the good meets the rules of origin under this FTA. I will permit as and when required,
inspection of our factory/goods by officers of the Singapore Customs and undertake to maintain up-to-date costing
records.
I acknowledge that the procedural requirements for claiming preferential tariff treatment is still not yet
finalized and there is the risk that I may encounter potential operational issues such as rejection of the
Preferential Certificate of Origin when claiming preferential tariff rates with the GCC customs
authorities.
_____________________________________
_____________________________________
Signature & Name of Managing Director
Signature & Name of Accountant
This cost statement is prepared by :
Signature :
_________________________
Tel :
(Please see next page for Guidelines)

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