The revised rules of origin bring administrative simplifications, namely through the removal of the EUR-MED proof of origin and the standardization of the product-specific rules list. What’s more, the introduction of full cumulation, the abolition of the no-drawback rule, and calculations using average values have created new opportunities.
Which rules list will apply from September 1, 2021?
As of September 1, 2021, the revised rules list of the PEM Convention according to Annexes 1 and 2 in Protocol No. 3 will apply.
Goods which are in transit at the time of the provisional application of the new rules of origin (September 1, 2021) will continue to be considered as preferential goods. In these cases, until August 31, 2023 (deadline of two years), it will be possible to submit a proof of origin that was issued after the date of the provisional application of the new rules of origin, as well as documents proving compliance with the transport regulations.
You can find out more about the details in the circular from the Federal Customs Administration, which you can download below.
Webinar: Find out more about rules of origin
Would you like to gain an initial overview regarding the rules of origin and proof of origin or simply refresh your knowledge? Register now for our free webinar:
