What is the difference between Manufacturing Cost Statement (MCS) and Letter of Undertaking (LOU)?
A Manufacturing Cost Statement (MCS) is submitted to Singapore Customs for the purpose of verification to confirm that your product meets the Rules of Origin under a specific Free Trade Agreement (FTA) before a Certificate of Origin can be issued. Once the MCS, which has a validity of 1 year, expires, a Letter of Undertaking (LOU) may be submitted on the condition that there is no change to the Origin Criterion of your product.
Related questions
What are the required supporting documents when applying for a Letter of Undertaking (LOU) for a Manufacturing Cost Statement (MCS)?
What are the required supporting documents when renewing the Manufacturing Cost Statement (MCS)?
My Manufacturing Cost Statement (MCS) is expiring, how do I renew the MCS with Singapore Customs?
Do I have to submit a new Manufacturing Cost Statement (MCS) and Letter of Undertaking (LOU) for the renewal of MCS?
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