Certificate of Origin

MNg1 · Post by **MNg1** » Fri Aug 27, 2004 1:00 am

Paragraph 196 of ISBP states that one of the basic requirements for a Certificate of Origin is to certify the origin of the goods.

We received a C/O only states "Manufactured by ABC Company in XYZ country"
Does it fulfill the requirement?
We've seen C/O stating "manufactured by Company A in Country B but the origin of goods is in Country C".
[edited 8/27/2004 5:45:33 PM]

larryBacon · Post by **larryBacon** » Sun Aug 29, 2004 1:00 am

You have not stated what the requirement of the LC is in relation to C/O. If it calls for a Chamber of Commerce C/O, the standard form used includes a box for insertion of the country of origin. If this is completed and matches the requirement of the LC, it complies, ceteris paribus.

Laurence

MNg1 · Post by **MNg1** » Mon Aug 30, 2004 1:00 am

L/C does not specify the format.

I consider 'Country of Origin' is different from 'Manufactured place'. Especially when one can't tell whether the godos are wholly manufactured in one place. Am I right on this?

Presenting bank argued that per UCP Art. 21, L/C does not specify the details, banks should accept such documents as presented. i.e. without 'country of origin'.
[edited 8/30/2004 7:04:13 PM]

JudithAutié · Post by **JudithAutié** » Tue Aug 31, 2004 1:00 am

In my opinion and without responsibility etc...
The credit calls for a certificate of origin, therefore the document presented should show the origin, as per standard banking practice of which the ISBP is a reflection. You could also refer to ICC opinion R320 (which you can find on this site)
Judith

larryBacon · Post by **larryBacon** » Tue Aug 31, 2004 1:00 am

I agree with Judith. The origin of the goods is intrinsic to a cert. of origin. I would not accept a cert. of origin without it. It is as essential as insured value (even if not stated in the LC) to an insurance cert.

Laurence

asamaha · Post by **asamaha** » Wed Sep 01, 2004 1:00 am

A certificate of origin not mentioning an origin is similar to a certificate of weight not showing a weight.
In my opinion, the place of manufacture cannot be considered as an evidence of the origin of the goods.
Goods for ex. manufactured in some countries in the Middle East cannot be considered as originating from those countries if the manufacturing/labor costs involved do not exceed a certain percentage of the total cost of the goods intended for export.