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How do I fill this out?

To fill out the CARICOM Certificate of Value and Origin, start by entering the details of the seller and consignee. Then, provide the necessary shipment information and describe the goods in detail. Finally, ensure all particulars are accurate and sign the document.

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How to fill out the CARICOM Certificate of Value and Origin?

  1. 1

    Enter details of the seller including name, full address, and country.

  2. 2

    Enter invoice number, date, and buyer details if different from consignee.

  3. 3

    Provide shipment information including port of loading and country of final destination.

  4. 4

    Detail the goods including packaging, weight, and specifications.

  5. 5

    Double-check all entries, sign, and certify the document.

Who needs the CARICOM Certificate of Value and Origin?

  1. 1

    Exporters within CARICOM need this file to certify the value and origin of their goods.

  2. 2

    Importers within CARICOM require this file to ensure compliance with trade regulations.

  3. 3

    Freight forwarders use this form to document shipment details accurately.

  4. 4

    Customs officials need this certificate to verify and process trade within CARICOM member states.

  5. 5

    Presenting banks require this file for processing payments related to the shipment.

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What are the instructions for submitting this form?

To submit the CARICOM Certificate of Value and Origin, complete the form and ensure all required fields are filled in accurately. Submit the signed document to your presenting bank for verification. You can also fax or email the form to the relevant customs authorities or submit it via online submission portals provided by CARICOM. For physical submission, send the completed form to the nearest customs office in your region. Our advice is to double-check all entries for accuracy before submission to avoid any delays or issues with processing.

What are the important dates for this form in 2024 and 2025?

Important dates for the CARICOM Certificate of Value and Origin are generally aligned with shipment schedules and trade deadlines. In 2024, ensure you have the certificate for shipments by the end of each quarter: March 31, June 30, September 30, and December 31. For 2025, similar end-of-quarter dates apply: March 31, June 30, September 30, and December 31.

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What is the purpose of this form?

The CARICOM Certificate of Value and Origin serves as a crucial document in facilitating trade within the Caribbean Community. It certifies the value and origin of goods being traded amongst the member states, ensuring that transactions comply with regional trade regulations. By accurately documenting shipment details, it helps to streamline customs procedures and foster smoother trade relations within CARICOM. This form is particularly important for exporters and importers within CARICOM, as it affirms that the goods in question meet the required standards and origins for trade. Customs officials rely on this certificate to verify the authenticity of shipments and process them efficiently, thereby reducing potential delays at border points. Furthermore, the CARICOM Certificate of Value and Origin aids presenting banks in processing payments related to the shipment. By providing a standardized document that outlines the value and origin of goods, it ensures transparency and accuracy in financial transactions associated with regional trade activities.

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Tell me about this form and its components and fields line-by-line.

The CARICOM Certificate of Value and Origin is a detailed document with several fields that need to be accurately filled.
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  • 1. SELLER: Name, full address, and country of the seller.
  • 2. INVOICE NO.: The invoice number associated with the goods.
  • 3. DATE: The date the invoice was issued.
  • 4. BUYER: Details of the buyer if different from the consignee.
  • 5. CONSIGNEE: Name, full address, and country of the consignee.
  • 6. PRESENTING BANK: Bank presenting the document.
  • 7. COUNTRY OF ORIGIN OF GOODS: Country where the goods were produced.
  • 8. Commercial Invoice: Reference to the associated commercial invoice.
  • 9. CUSTOMER NO.: Identification number of the customer.
  • 10. ORDER NO.: Order number related to the shipment.
  • 11. TERMS AND CONDITIONS OF DELIVERY AND PAYMENT: Terms governing the delivery and payment for the goods.
  • 12. PORT OF LOADING: Port where the goods are loaded for shipment.
  • 13. COUNTRY OF FINAL DESTINATION: Destination country for the shipment.
  • 14. SHIP/AIR/OTHER: Mode of transport for the goods.
  • 15. CURRENCY OF SALE: Currency in which the sale is being transacted.
  • 16. OTHER TRANSPORTATION INFORMATION: Additional details related to the transportation of the goods.
  • 17. MARKS AND NUMBERS AND DESCRIPTION OF GOODS: Identifiers and description of the goods being shipped.
  • 18. NO. OF PKG: Number of packages in the shipment.
  • 19. PKG TYPE: Type of packaging used for the goods.
  • 20. GROSS WEIGHT (kg): Total weight of the goods including packaging.
  • 21. CUBE (M3): Cubic measurement of the shipment.
  • 22. SPECIFICATION OF COMMODITIES: Detailed specifications of the commodities in code and/or in full.
  • 23. NET WEIGHT (kg): Weight of the goods excluding packaging.
  • 24. QUANTITY: Total quantity of the goods.
  • 25. UNIT PRICE: Price per unit of the goods.
  • 26. AMOUNT: Total amount for the goods.
  • 27. PACKAGING: Details about the packaging of the goods.
  • 28. FREIGHT: Freight cost for transporting the goods.
  • 29. OTHER COST (Specify): Any other costs related to the shipment.
  • 30. INSURANCE: Cost of insuring the goods for shipment.
  • 31. TOTAL INVOICE AMOUNT: Total amount listed on the invoice for the goods.
  • 32. SIGNATURE AND STATUS OF AUTHORIZED PERSON: Signature and status of the person authorizing the document.

What happens if I fail to submit this form?

Failure to submit the CARICOM Certificate of Value and Origin can result in various trade and legal complications.

  • Trade Delays: Goods may be delayed at customs, causing shipment delays.
  • Non-Compliance: Failure to comply with CARICOM trade regulations.
  • Financial Penalties: Possible fines and penalties for failing to provide necessary documentation.
  • Legal Issues: Legal complications due to non-compliance with trade laws.

How do I know when to use this form?

This form is used when trading goods within the CARICOM member states to certify the value and origin of the goods.
fields
  • 1. Exporting Goods: Use the form when exporting goods from one CARICOM member state to another.
  • 2. Importing Goods: Necessary for importing goods into a CARICOM member state.
  • 3. Customs Clearance: Required for clearing goods through customs within CARICOM.
  • 4. Trade Verification: Used for verifying the legitimacy of regional trade activities.

Frequently Asked Question

What is the CARICOM Certificate of Value and Origin?

It is a document used within CARICOM to certify the value and origin of goods being traded.

How do I fill out the CARICOM Certificate of Value and Origin?

Fill out the form by entering details of the seller, consignee, shipment, and goods, then sign and certify.

Can I edit the CARICOM Certificate of Value and Origin on PrintFriendly?

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Use PrintFriendly's signature tool to add your handwritten or digital signature to the document.

Can I share the edited and signed CARICOM Certificate of Value and Origin?

Yes, PrintFriendly allows you to generate a shareable link or send the document via email.

What information do I need to enter in the CARICOM Certificate of Value and Origin?

You need to provide details about the seller, consignee, shipment, and goods, including packaging, weight, and specifications.

Is the CARICOM Certificate of Value and Origin mandatory for trade within CARICOM?

Yes, it is required to certify the value and origin of goods in compliance with CARICOM trade regulations.

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CARICOM Certificate of Value and Origin

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