Advanced Ruling. Under the AANZFTA, each Party shall provide, in writing, advance rulings in respect of the tariff classification and the questions arising from the application of the principles of the Agreement on Customs Valuation and/or origin of goods. A Party may modify or revoke an advance ruling if the ruling was based on an error of fact or law (including human error), the information provided is false or inaccurate, if there is a change in domestic law consistent with this Agreement, or there is a change in a material fact or circumstance on which the ruling is based.
Advanced Ruling. The exporters, importers or manufacturers could apply for a written Advance Ruling from the customs authority on the origin of the good. Relevant information, including production records and cost statements, should be submitted to the US Customs and Border Protection Bureau. A decision will be made by the US Customs within 120 days after all the submission of the information has been completed.
Advanced Ruling. The customs authorities in each country will, on the request of the trader, prior to the importation of the good into its country, provide an advance ruling on the eligibility of originating goods for preferential tariffs, providing traders with greater certainty on the status of their goods at the country of import. The customs administrations of both Parties may establish a validity period for an advance ruling of not less than two years from the date of its issuance. The importing Party may modify or revoke an advance ruling:
Advanced Ruling. Advanced rulings are provided for under the SJFTA, enabling Jordanian importers and Singapore exporters to obtain clarification as to whether their products can be considered originating in Singapore. This offers greater certainty for the businesses and helps them to better plan their production. Trade in Services These services ensure that service suppliers in Jordan and Singapore are guaranteed access into each other’s markets. The key features are highlighted as follows: • Market Access: Both countries may not restrict access into their markets by imposing quantitative restrictions (eg: numerical quotas on services suppliers that are allowed in the market). • National Treatment: Ensures service suppliers from Singapore will be treated the same way as local service suppliers, that is, no discrimination. • Domestic Regulation: Ensures that regulations governing provision of services are reasonable, impartial and objective. Regardless of ownership and control criteria, companies with substantial business operations in Singapore will benefit from the SJFTA. Some examples of service related sectors that will benefit include: • Computer and Related Services • Convention Services • Educational Services • Research and Development Services • Services Incidental to Manufacturing Investment Singapore-Xxxxxx Bilateral Investment Treaty (BIT) The BIT prescribes the general disciplines governing the investment regime in Jordan and Singapore for investors from both countries, and focuses on two key elements, comprising provisions on investment promotion and investment protection. The key features highlighted are as follows:
Advanced Ruling. The advance rulings will enter into force three years after the date of entry into force of this Agreement. Under the PeSFTA, exporters can apply for advance rulings in respect of the tariff classification and origin of goods and whether a good qualifies for entry free of customs duty. An advance ruling shall be issued to the exporter within 120 days of the receipt of all necessary information. The advance rulings shall be in force from their date of issuance or another date specified in the ruling provided that the facts or circumstances on which the ruling is based remains unchanged.
Advanced Ruling. The importing Party shall, prior to the importation of a good into its territory, issue a written advance ruling in accordance with its laws and regulations as to whether the good qualifies as an originating good to importers of the good or their agents and exporters of the good or their agents, where a written application is made with all the necessary information and the Party has no reasonable grounds to deny the issuance. The importing Party shall endeavour to issue such advance ruling regarding the origin of the good within 30 days of receipt of all the necessary documents for the advance ruling. The importing Party shall respect the issued ruling with regard to importation into its territory of the good for a period of three years from the date of issuance of the advance ruling. The importing Party may modify or revoke the issued ruling:
