What is the scope of verification for my Manufacturing Cost Statement (MCS)?
The requirement for the local manufacturer to register with Singapore Customs and submit its Manufacturing Cost Statement (MCS) is for the purpose of pre-export verification to assess if the manufactured good meets the originating criteria of the specific Free Trade Agreement (FTA). Hence, you are advised to provide a complete and accurate information as required and specified by the MCS template for Singapore Customs to perform an accurate assessment.
Related questions
When should we submit the Manufacturing Cost Statement (MCS)?
Am I required to submit a Manufacturing Cost Statement (MCS) for every Free Trade Agreement (FTA) that I intend to export my product under?
Why are some FTAs not covered by the Sample MCS format provided on Singapore Customs' website?
Am I required to maintain a valid Manufacturing Cost Statement (MCS) for my products?
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