Get the free Low Value NAFTA - hercules

STATEMENT OF ORIGIN FOR COMMERCIAL IMPORTATIONS OF LESS THAN CAN$1,600 I certify that the goods referenced in this invoice/sales contract originate under the rules of origin specified for these goods

How to fill out low value nafta

How to fill out low value NAFTA:

1. Start by gathering all the necessary information and documentation required to fill out the low value NAFTA form.
2. Make sure you have a clear understanding of the rules and regulations regarding low value NAFTA and how it applies to your specific situation.
3. Begin by filling out the basic information section of the form, such as your name, address, and contact details.
4. Provide the relevant details of the goods you are exporting or importing, including the description, quantity, and value of each item.
5. Indicate the country of origin for each item and ensure it complies with the NAFTA rules of origin requirements.
6. Include the appropriate Harmonized System (HS) code for each item, which helps identify the product and its classification for customs purposes.
7. If applicable, provide the NAFTA preference criteria for each item, demonstrating that it qualifies for the preferential tariff treatment.
8. Calculate and declare the total value of the goods being shipped, taking into account any adjustments or deductions required.
9. Review and double-check all the provided information for accuracy and completeness.
10. Sign and date the form to certify the accuracy of the information provided.
11. Submit the completed low value NAFTA form along with any supporting documentation to the relevant customs authorities.

Who needs low value NAFTA:

1. Businesses or individuals involved in cross-border trade between the United States, Canada, and Mexico may require a low value NAFTA form.
2. Specifically, those who are exporting or importing goods with a low value (typically below a certain threshold) can benefit from using the low value NAFTA form.
3. The low value NAFTA form helps streamline the customs clearance process for low-value shipments, reducing paperwork and potential delays at the border.

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What is low value nafta?

Low value nafta is a form used to declare low-value shipments of goods being imported/exported.

Who is required to file low value nafta?

Any individual or business importing/exporting low-value shipments of goods is required to file low value nafta.

How to fill out low value nafta?

Low value nafta can be filled out online or submitted in paper form with required shipment details.

What is the purpose of low value nafta?

The purpose of low value nafta is to provide customs authorities with necessary information about low-value shipments for clearance purposes.

What information must be reported on low value nafta?

Information such as description of goods, quantity, value, origin, and destination must be reported on low value nafta.