Retails FTA | 2024 ZIM Final

Ensured compliance with FTA requirements for textile imports.

F Company

2022

Retail

The Company faced FTA claim rejections due to certificate errors. Supplier training and pre-shipment checks reduced rejections, ensuring smooth clearance.

Analysis

Errors in certificates of origin led to claim rejections and delays.

An analysis revealed inconsistencies in the origin documentation provided by suppliers. Internal checks were inadequate, and pre-shipment inspections were not conducted. The lack of standardized processes caused frequent errors and claim rejections.

Challenge

Frequent errors in origin documentation resulted in rejected claims for preferential duties.

F Company faced compliance issues with FTA requirements for textile imports. Errors in certificates of origin and missing data caused frequent rejections of claims for preferential duty rates, resulting in additional costs.

Solution

Pre-shipment checks and automated systems minimized errors and improved compliance.

Supplier training sessions and pre-shipment checks were introduced to ensure complete and accurate documentation. An automated system was implemented to verify certificates of origin before submission. We also streamlined internal processes for handling FTA claims, reducing rejections significantly.

Maintance

Centralized compliance teams ensured long-term adherence to FTA requirements.

F Company established a centralized compliance team to oversee all FTA-related processes. Regular supplier evaluations and internal reviews ensured ongoing adherence to requirements. The automated system was maintained to minimize documentation errors and ensure consistent compliance with FTA regulations.