Changes to the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) – 31ST DECEMBER 2021

7/1/2022

Dear Valued Customers

Goods that are AANZ Originating Goods previously utilising the Preference Rule Codes of CTC, CTH, OTH or RVC, will need to start using the following Preference Rule Code only – PSR, WO OR PE.

 

Importers are encouraged to transition to using Preference Rule Code PSR, WO or PE in place of CTC, CTH, OTH or RVC as soon as practical but must do so by 31 December 2021.

 

The ABF will end the ability to use Preference Rule Codes CTC, CTH, OTH or RVC when entering suitable goods eligible for a preference under the AANZFTA after 31 December 2021.

 

 

 

CODE

DESCRIPTION

Preference Scheme

AANZ

Agreement Establishing the ASEAN - Australia- New Zealand

 

BN

Brunei Darussalam

 

ID

Indonesia

 

KH

Cambodia

 

LA

Laos

 

MM

Myanmar

 

MY

Malaysia

Preference Origin Country

NZ

New Zealand

 

PH

The Phillippines

 

SG

Singapore

 

TH

Thailand

 

VN

Vietnam

 

WO

Wholly obtained goods

 

PE

Produced exclusively from originating materials

 

PSR

Product specific rule of origin

 

CTC*

Change in tariff classification

Preference Rule

CTH*

Change in tariff heading (general rule goods only)- AANZFTA

 

RVC*

Regional value content of 40% (general rule goods only) - AANZFTA

 

OTH*

Otherwise qualifies as an originating good

 

Please feel free to contact our Cuctoms Team should you have any queries or concerns.

 

Keeping you updated 

BRi Customs Team 

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