What does it mean when a Free Trade Agreement (FTA) is based on a self-certification or self-declaration regime?
For Free Trade Agreements (FTAs) based on self-certification or self-declaration regime, the manufacturer, exporter or, in some cases, importer will be required to provide a self-certification or self-declaration based on a defined form to the importer for its submission to the importing Customs authority for its preferential tariff claim. This is dependent on the requirements of the regime. The requirement for the local manufacturer to register with Singapore Customs and submit its Manufacturing Cost Statement (MCS) for pre-export verification does not apply to such FTAs. However, as the exporter, you are required to indicate "PRI" under the "Preferential Indicator" field of your TradeNet permit application for the goods' export if you are aware that the importer intends to claim preferential tariff treatment for the goods' importation based on a self-certification or declaration. Please refer to the respective FTA's legal text available on the Enterprise Singapore website for more information on how the self-certification or self-declaration should be made under the specific FTA.