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What should I declare on TradeNet in order to enjoy the benefits of the IEF Scheme?
For your company to benefit from the duty exemption, you should declare the relevant information in your permit application on TradeNet as follows:
Declaration Field | Information to be Declared |
Place of Receipt Code | <insert your company's IEF Code> |
Item Description | <insert Description of Duty-Exempted Raw Material> |
HS Code | <insert HS Code of Duty-Exempted Raw Material> |
CA/SC Product Code | <insert Product Code of Duty-Exempted Raw Material> |
For more information on Industrial Exemption Factory Scheme, please refer to Singapore Customs website.
Related questions
Is it compulsory to declare the brand and model number in the 'Brand' and 'Model Number' fields when l declare a TradeNet permit? Can I declare them as 'unbranded"?
The HS code of the imported goods is 27102000. Can I declare "MISC" in the CA/SC Product Code?
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