Thanks for the info....I'm sure it will help us out.
Manasa
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of Cathy
Sent: Tuesday, June 11, 2013 12:29 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Country of Origin
We do not list the raw material country of origin.
I hope this helps.
Non-preferential
Non-preferential rules of origin are used to determine the country of origin
for certain purposes. These purposes may be for quotas, anti-dumping,
anti-circumvention, statistics or origin labeling.
The basis for the non-preferential rules originates from the Kyoto
convention[1] <http://en.wikipedia.org/wiki/Rules_of_origin#cite_note-1>
which states that if a product is wholly obtained or produced completely
within one country the product shall be deemed having origin in that
country. For a product which has been produced in more than one country the
product shall be determined to have origin in the country where the last
substantial transformation took place.
To determine exactly what was the last substantial transformation, three
general rules are applied:
1. Change of tariff classification (on any level, though 4-digit level
is the most common)
2. Value added-rule (ad valorem
<http://en.wikipedia.org/wiki/Ad_valorem> )
3. Special processing rule, the minimum transformation is described.
For instance, in the EU non-preferential rules of origin for T-shirts
(HS6109), the origin is supposed to be in the country where the complete
making-up was done.[2]
<http://en.wikipedia.org/wiki/Rules_of_origin#cite_note-2>
According to the non-preferential rules a product always has exactly one
country of origin. However, the non-preferential rules may differ from
country to country; the same product may have different origins depending on
which country's scheme is applied. Usually it is the rules of the country
into which a product is being imported that apply.
Preferential
Preferential RoO are part of a free trade area
<http://en.wikipedia.org/wiki/Free_trade_area> or preferential trade
arrangement which includes tariff concessions. These trade arrangements
might be unilateral, bilateral or regional (also sometimes called
multilateral) trade arrangements. The rules of origin determine what
products can benefit from the tariff concession or preference, in order to
avoid transshipment <http://en.wikipedia.org/wiki/Transshipment> .
From: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com> [mailto:vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>] On Behalf Of
Manasa Reddy
Sent: Tuesday, June 11, 2013 10:11 AM
To: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>
Subject: [Vantage] Country of Origin
I'm wondering if other companies have to deal with listing parts with
country of origin and how they are currently handling it.
Based on Federal Regulations, depending on what we sell, we have to list out
the country of origin on raw materials if the manufactured item is less than
80% made in the USA.
If anyone else has to deal with this I would love to talk to you about how
your company handles this inventory and paperwork issue.
We are currently on 9.05.607B, eventually going to 702.
Manasa
[Non-text portions of this message have been removed]
[Non-text portions of this message have been removed]
[Non-text portions of this message have been removed]
Manasa
From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf Of Cathy
Sent: Tuesday, June 11, 2013 12:29 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Country of Origin
We do not list the raw material country of origin.
I hope this helps.
Non-preferential
Non-preferential rules of origin are used to determine the country of origin
for certain purposes. These purposes may be for quotas, anti-dumping,
anti-circumvention, statistics or origin labeling.
The basis for the non-preferential rules originates from the Kyoto
convention[1] <http://en.wikipedia.org/wiki/Rules_of_origin#cite_note-1>
which states that if a product is wholly obtained or produced completely
within one country the product shall be deemed having origin in that
country. For a product which has been produced in more than one country the
product shall be determined to have origin in the country where the last
substantial transformation took place.
To determine exactly what was the last substantial transformation, three
general rules are applied:
1. Change of tariff classification (on any level, though 4-digit level
is the most common)
2. Value added-rule (ad valorem
<http://en.wikipedia.org/wiki/Ad_valorem> )
3. Special processing rule, the minimum transformation is described.
For instance, in the EU non-preferential rules of origin for T-shirts
(HS6109), the origin is supposed to be in the country where the complete
making-up was done.[2]
<http://en.wikipedia.org/wiki/Rules_of_origin#cite_note-2>
According to the non-preferential rules a product always has exactly one
country of origin. However, the non-preferential rules may differ from
country to country; the same product may have different origins depending on
which country's scheme is applied. Usually it is the rules of the country
into which a product is being imported that apply.
Preferential
Preferential RoO are part of a free trade area
<http://en.wikipedia.org/wiki/Free_trade_area> or preferential trade
arrangement which includes tariff concessions. These trade arrangements
might be unilateral, bilateral or regional (also sometimes called
multilateral) trade arrangements. The rules of origin determine what
products can benefit from the tariff concession or preference, in order to
avoid transshipment <http://en.wikipedia.org/wiki/Transshipment> .
From: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com> [mailto:vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>] On Behalf Of
Manasa Reddy
Sent: Tuesday, June 11, 2013 10:11 AM
To: vantage@yahoogroups.com<mailto:vantage%40yahoogroups.com>
Subject: [Vantage] Country of Origin
I'm wondering if other companies have to deal with listing parts with
country of origin and how they are currently handling it.
Based on Federal Regulations, depending on what we sell, we have to list out
the country of origin on raw materials if the manufactured item is less than
80% made in the USA.
If anyone else has to deal with this I would love to talk to you about how
your company handles this inventory and paperwork issue.
We are currently on 9.05.607B, eventually going to 702.
Manasa
[Non-text portions of this message have been removed]
[Non-text portions of this message have been removed]
[Non-text portions of this message have been removed]