IRS extends deadline for presentation of Certificates of Origin on imports
Apr, 19, 2020 Posted by Sylvia SchandertWeek 202017
The IRS has extended the deadline for submitting the Certificate of Origin to 60 days after the registration of the Import Declaration. The Certificate of Origin is a document that certifies the origin of the merchandise traded between countries that have trade agreements, which results in tariff benefits for the importer.
The extension to the deadline was granted due to difficulties faced by Brazilian importers in obtaining the document from the official agencies of countries that are in quarantine due to the coronavirus pandemic. In order to obtain the tariff benefit, the transaction must be supported by a declaration from the exporter himself, as well as a term of responsibility from the importer stating the tax benefits received.
-
Ports and Terminals
Jul, 13, 2021
0
Increased railway cargo at Ports of Paraná
-
Ports and Terminals
Aug, 18, 2022
0
World’s largest shipowner approved to buy plot in Brazil’s Atlantico Sul Shipyard
-
Ports and Terminals
Apr, 12, 2020
0
ANTAQ authorizes Ultrafértil to start warehouse operation on Cardoso Island in Santos
-
Shipping
Sep, 27, 2021
0
Hapag-Lloyd orders over 75,000 standard containers