CEPT Scheme Malaysia

Hello sir, what is Common Effective Preferential Tariff (CEPT) in Malasia? Is it any cooperative scheme between nations of Asia?

[Pathak]

The Common Effective Preferential Tariff (CEPT) scheme is a co-operation among ASEAN countries to reduce intra-regional tariffs and eliminate non-tariff barriers for a decade, effective from 1st January 1993. The CEPT Malaysia System is the primary instrument for making ASEAN a trade field. The Common Effective Preferential Tariff (CEPT) Scheme is a co-op organization among ASEAN Member States.

Hello friends, I heard about the CEPT Scheme and I don’t know much about it. Would you like to tell me something about CEPT Scheme in Malaysia?

[Quick Sam]

Common Effective Preferential Tariff (CEPT) Scheme approved by the Governments of Brunei Darussalam, the Republic of Indonesia, Malaysia, the Republic of the Philippines, the Republic of Singapore and the Kingdom of Thailand, Member States of the Association of South East Asian Nations (ASEAN).

Common Effective Preferential Tariff (CEPT) Scheme is an agreed effective tariff which is applied to goods originating from ASEAN Member States,

ASEAN members have the option of excluding products from the CEPT in 3 cases:

1.) Temporary exclusions;
2.) Sensitive agricultural products;
3.) General exceptions.

Products under the CEPT imported into the territory of a Member State from another Member States.

What needs to be done to export under CEPT?

Establish the tariff classification of product
Malaysia Royal Custom Department
Check the product coverage
Comply with Rules of Origin

How do exporters apply for CEPT scheme?

Step 1 : Registration
Step 2 : Endorsement of CEPT Form D
Step 3 : To Export
Where to seek advice on CEPT?

Wholly Produced or Obtained: Following are the products under the wholly Produced or obtained

1. Mineral products extracted from its soil, its water or its Seabees;
2. Agricultural products harvested there;
3. Animals born and raised there;
4. Products obtained from animals referred to in paragraph above;
5. Products obtained by hunting or fishing conducted there;
6. Products of sea fishing and other marine products taken from the sea by its vessels;
7. Products processed and/or made on board its factory ships exclusively from products referred to in paragraph (f) above;
8. Used articles collected here, fit only for the recovery of raw materials;
9. Waste and scrap resulting from manufacturing operations conducted there; and
10. Goods produced