REX System under exports
Meaning of REX system under exports. What is Registered Exporter System(REX)?
The REX system (Registered Exporter System) will dynamically and totally replace the system of origin certification dependent on certificates of starting point issued by governmental authorities and on receipt presentations made out under specific conditions by financial administrators. This implies also that the REX framework will be utilized between GSP recipient nations applying provincial cumulation. The worldwide progress time frame from the present arrangement of source accreditation to the REX framework will begin on 1 January 2017 and will go on until 30th June 2020 at the most recent.
Registered Exporter System (REX) being introduced from 1.1.2017, exporters with a REX number will be able to self-certify the Statement on Origin of their goods being exported to EU under the GSP Scheme. The registration on REX is without any fee or charges and this system would eventually phase out the current system of issuance of Certificates of Origin (Form-A) by the Competent Authorities listed in Appendix-2C of FTP (2015-20) by 1.1.2018 (one year transition period). The details of the scheme are at Annex 1 to Appendix 2C of the Foreign Trade Policy (2015-20).
The Registered Exporter System (REX) is a composite system relating to both registration of exporters and all other aspects related to the self-certification of the rules of origin under the EU GSP. The rules of the REX system are laid down in European Commission’s Implementing Regulation (EU) No 2015/2447 [the Union Customs Code (UCC) Implementing Act(IA)].
The EU has been continuously undertaking reforms of its GSP rules of origin. One such reform finalised in 2011 relates to the self-certification of the rules of origin criteria by exporters themselves. The purpose of this reform is to facilitate trade and reduce administrative burden and costs for exporters. The competent authorities would have access to the Registered Exporter (REX) system for registration of exporters as well as access to relevant information. The registration of exporters in the system will not require any fees. An exporter will be registered in the system, REX system will be common to the GSP schemes of the European Union, Norway, Switzerland and Turkey.
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