Us-Mexico-Canada Agreement (Usmca) Certificate
April 13, 2021 | Leave a comment
The new agreement changes the original certification requirements. Here`s what you need to know. In addition, CBP has created a USMCA information website on CBP.gov, which publishes and updates compliance guidelines, announcements, contact points and FAQs. For more information, see www.cbp.gov/trade/priority-issues/trade-agreements/free-trade-agreements/USMCA. The U.S.-Mexico-Mexico Agreement (USMCA) is a trade agreement between these parties. The USMCA replaced the North American Free Trade Agreement (NAFTA). They must be able to present the certificate that applies for duty-free preferential benefits when they apply to the appropriate customs authorities in the United States, Mexico or Canada. They must also be able to provide support to demonstrate the status of “native products” that served as the basis for their certification. Customs authorities may impose penalties or fines for non-compliance. There is currently no formal certification of the original USMCA, issued by the government or approved by the state. In accordance with the text of the agreement, all certifications must include a series of “minimum data elements.” There is no official certificate of origin for USCMA, as was the case with NAFTA. USCMA requires “original certification.” All formats are acceptable provided that it contains the following nine minimum data elements, defined in Schedule 5-A, Appendix 5-A: please note that in Canada, this agreement is called the Canada- Usa – Mexico Agreement (CUSMA); in Mexico, this agreement is referred to as Tratado between México, Estados Unidos y Canadé (T-MEC).
All three names refer to the same trade agreement. Although no certificate of origin is required for the above product categories for the right to the USMCA/T-MEC/CUSMA, it is still the importer`s responsibility to maintain all valid evidence of origin in the use of free trade agreements. They must ensure that all products receiving preferential tariff treatment are effectively authorised – the applicability of origin can be requested/demanded by the relevant customs authorities during an inspection. Notification of preferential rates without valid proof of origin on the date of importation may suspend your company from significant retroactive customs duties, interest and penalties. If CUSMA declarations are made in error, importers are required to submit comments (corrections) after customs clearance. The audit trail (records) of the evidence of the origin of trade agreements must be kept for seven years: the year of importation and customs clearance, plus an additional six years. In September 2018, the United States reached an agreement with Mexico and Canada to renegotiate the North American Free Trade Agreement (NAFTA). Once completed and implemented, the new U.S.-Mexico-Canada Agreement (USMCA) will further strengthen the highly productive and integrated U.S. agricultural relationship with its North American partners and ensure preferential access to U.S. markets.