Common use of Obligations Relating to Importation Clause in Contracts

Obligations Relating to Importation. 1. Except as otherwise provided for in this Chapter, each Party shall provide that, for the purpose of claiming preferential tariff treatment, the importer shall: (a) make a declaration (3) that the good qualifies as an originating good; (b) have a valid certification of origin in its possession at the time the declaration referred to in subparagraph (a) is made; and (c) provide a copy of the certification of origin to the importing Party if required by the Party. 2. Each Party shall provide that, if the importer has reason to believe that the certification of origin is based on incorrect information that could affect the accuracy or validity of the certification of origin, the importer shall correct the importation document and pay any customs duty and, if applicable, penalties owed. 3. No importing Party shall subject an importer to a penalty for making an invalid claim for preferential tariff treatment if the importer, on becoming aware that such a claim is not valid and prior to discovery of the error by that Party, voluntarily corrects the claim and pays any applicable customs duty under the circumstances provided for in the Party's law.

Appears in 3 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Obligations Relating to Importation. 1. Except as otherwise provided for in this Chapter, each Party shall provide that, for the purpose of claiming preferential tariff treatment, the importer shall: (a) make a declaration (3) declaration3 that the good qualifies as an originating good; (b) have a valid certification of origin in its possession at the time the declaration referred to in subparagraph (a) is made; and (c) provide a copy of the certification of origin to the importing Party if required by the Party. 2. Each Party shall provide that, if the importer has reason to believe that the certification of origin is based on incorrect information that could affect the accuracy or validity of the certification of origin, the importer shall correct the importation document and pay any customs duty and, if applicable, penalties owed. 3. No importing Party shall subject an importer to a penalty for making an invalid claim for preferential tariff treatment if the importer, on becoming aware that such a claim is not valid and prior to discovery of the error by that Party, voluntarily corrects the claim and pays any applicable customs duty under the circumstances provided for in the Party's ’s law.

Appears in 3 contracts

Samples: Rules of Origin and Origin Procedures, Amendment to Free Trade Agreement, Rules of Origin and Origin Procedures

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