Cost Statement For The Export Of Product Under The Aanzfta Agreement (Page 2 of 2) in pdf

Cost Statement For The Export Of Product Under The Aanzfta Agreement Page 2

SINGAPORE CUSTOMS

TARIFFS AND TRADE SERVICES BRANCH

GUIDELINES ON THE PREPARATION OF THE

MANUFACTURING COST STATEMENT

The following procedures will apply when submitting the Cost Statement for Singapore

Customs’s verification:

Check with the Tariffs and Trade Services Branch (TTSB) of Singapore Customs on

the origin criteria that your product must comply with to qualify for preferential treatment.

Prepare the Cost Statement for every product model to be exported. This must be

prepared on your Company's letterhead according to the format prescribed by TTSB.

Submit your Cost Statement for the product which must reach TTSB at least 7

working days before the export of goods. The mailing address is indicated as follow:

By Post

By Courier

Singapore Customs

Drop the documents into Box Number 2 at

Attn: Rules of Origin Section

Level 7 Revenue House

55 Newton Road #07-01

Attn: Rules of Origin Section

Revenue House

Singapore 307987

Give actual cost of materials used, labour and overhead costs in each Cost Statement.

Projection of production costs is not allowed.

Submit supplier's invoice of every material used that is manufactured locally. If the

material is of ASEAN, Australia or New Zealand origin and you want your product to

qualify under the AANZFTA Cumulative Content, please submit the Form AANZ CO as

proof that the material originates in ASEAN, Australia or New Zealand.

Update TTSB on your costing yearly or when there are variations in your prices, costs,

sources of materials used etc, whichever earlier.

Ensure that the Cost Statement is declared to be true and correct by the Managing

Director/ Authorized Senior Management and the Accountant.

Contact TTSB at customs_roo@customs.gov.sg for advice when you need

clarification in preparing the Cost Statement.

An Active and Valuable Partner for the Trading Community

Your Satisfaction, Our Pride

Cost Statement For The Export Of Product Under The Aanzfta Agreement Page 2