Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This section applies in relation to goods that:
(a) are exported to Singapore; and
(b) are claimed to be Australian originating goods for the purpose of obtaining a preferential tariff in Singapore.
(2) For the purposes of section 126AB of the Act, the producer (whether or not the producer is the exporter) of the goods must keep the records set out in the following table.
Records to be kept by producers exporting goods to Singapore | |
Item | Records |
1 | Records of the purchase of the goods |
2 | Evidence that payment has been made for the goods |
3 | Evidence of the cost of the goods in the form in which they were sold to the buyer |
4 | Evidence of the value of the goods |
5 | Records of the purchase of all materials that were purchased for use or consumption in the production of the goods |
6 | Evidence that payment has been made for the materials mentioned in item 5 |
7 | Evidence of the cost of the materials mentioned in item 5 in the form in which they were sold to the producer |
8 | Evidence of the value of the materials mentioned in item 5 |
9 | Records of the production of the goods |
10 | A copy of the certification of origin (within the meaning of section 153XD of the Act) in relation to the goods |
(3) The producer must keep the records for at least 5 years starting on the day the certification of origin (within the meaning of section 153XD of the Act) for the goods is issued.
(4) The producer may keep a record under this section at any place (whether or not in Australia).