Introduction to Malaysia ASEAN Free Trade Certificate of Origin (FORM E)
Malaysia certificate of origin, also known as China’s certificate of origin for export to Malaysia, can also be called Malaysia ASEAN certificate of origin Form E. Malaysia ASEAN certificate of origin Form E is issued by China entry exit inspection and Quarantine Bureau and consists of one original and three copies. The main purpose of applying for ASEAN certificate of origin Form E for export to Malaysia is to obtain the tariff preference of the Malaysian authorities when the goods are imported into Malaysia, so as to enable the smooth customs clearance of this batch of goods.
The Malaysian certificate of origin Form E cannot have double headers. The header of the trader or factory can only be displayed under the description of the goods in the seventh column of the Form E certificate of origin, and cannot be displayed in the exporter column in the first column of the certificate of origin. For export declaration, the header of the trader or factory can be used normally.
The following points shall be noted when exporting Form E certificate of origin to Malaysia:
1. Consignee name and address cannot be bank name.
2. The departure date, ship name, port of departure and port of destination must be correct and consistent with the bill of lading.
3. The amount on the certificate of origin must show FOB amount.
Malaysian import tariff system
As a member of the world trade organization, Malaysia’s tariff level is generally low. Although the tariff rate of most items is lower than 25%, the value range of tariff rate is very wide. The tariff on basic food is very low, no more than 5%. The average tax rate for major goods is about 5%. The average tax rate of intermediate products and transportation equipment is less than 20%. The tax rate of consumer goods is higher, some as high as 60%. The tariff rate for high priced motor vehicles is higher than 100%. In short, of its total of about 600 imported items, only 91 have a tariff rate of more than 50%. As a member of the ASEAN Free Trade Area (AFTA) under construction, Malaysia’s tariff reduction will implement the “generally effective preferential tariff” (CEPT) plan in the AFTA regulations. The main imported products of Malaysia are divided into three categories. The first category is raw materials and means of production, including electronic components, textiles, plastics, machine parts, oil, chemical fertilizers, pesticides and food, accounting for 42.6% of the total import volume; The second category is mechanical equipment, including metal products, mechanical transport equipment, electronic instruments, heavy machinery and telecommunications equipment, accounting for 34.5% of the total import volume; The third category is daily necessities, including motorcycles, bicycles, jewelry and food, accounting for 21.9% of the total imports. All imported goods from Malaysia shall be subject to a 5% surcharge based on CIF value. Some basic goods such as fish, Cereals, salt, petroleum products, rubber, paper and printed products are exempt from additional tax. Excise taxes shall be levied on beer, alcohol and other beverages, cigarettes, gasoline, mineral oil and sugar, tires, cards, air conditioners, batteries, TV receivers, motor vehicles and motorcycles, matches and other commodities at ad valorem or specific volume.
1. Import documents.
(1) Commercial invoice: the original invoice used for tariff calculation shall be filled in and signed in English. The invoice must include the following items: mark, number, quantity and type of package, detailed commodity name, non-technical name or internal label code, gross weight and net weight, FOB, CIF fee and CIF price (if it belongs to different customs tariff items, each commodity must be separately indicated according to CIF price), delivery place and origin. The commodity description on the package must be consistent with that on the invoice. The invoice must be in triplicate.
(2) Certificate of origin certificate of origin is only for goods from federal countries.
(3) Bill of lading and ocean bill of lading need not be notarized. It is allowed to use the instruction bill of lading, but the address of a notified party shall be indicated.
2. Special provisions.
All details about the commodity description, metric weight and origin must be indicated on the label of the packed goods in Bahasa language. English is only allowed to be used in the second language. All packaged products must be printed with the following instructions: name of manufacturer, importer or wholesaler, origin, packaging content and product name. Food, medicine, livestock and meat must also be marked with health and quarantine provisions, including labeling provisions. Mark the following contents in Malaysian: country of origin, commodity description, weight, storage period, name and mailing address of the importer. The packaging of cigarettes must be printed with clear warnings of damage to health in the Mayan language.
3. Handling of unclaimed goods.
The goods that the buyer fails to pick up within the time limit can be kept in the customs warehouse for 21 days. If the consignee is notified after the time limit, the goods must be picked up within 7 days, or the customs will auction them. The auction proceeds will be used to pay the customs declaration fee, storage fee and all other expenses. The air cargo must be collected within 72 hours, or a high storage penalty will be imposed. If the goods are not received after 3 months, they will be returned.
Malaysia’s output of oil chemicals accounts for 20% of the world
From 2006 to 2020, the target of attracting investment in Malaysia’s chemical industry is US $10.6 billion, with an average annual growth rate of 6.9%. Malaysia is rich in oil and gas resources, with natural gas reserves ranking 14th in the world and oil reserves ranking 23rd in the world. Malaysia is also the third largest producer of liquefied natural gas in the world. Long term reliable and stable natural gas supply can ensure the sustainable growth of Malaysia’s petrochemical industry. Malaysia is currently an importer of petrochemical products and an exporter of petrochemical products. Oil chemicals are important chemicals in Malaysia.
Malaysian chemicals mainly include petrochemical products, inorganic and organic chemical raw materials, fertilizers and agricultural chemicals, food and feed additives, pharmaceutical chemicals, water treatment chemicals, papermaking chemicals, daily chemicals, pigments, dyes, inks and adhesives, catalysts, chemical equipment and instruments;