Overview of the ROO Provisions Sample Clauses

Overview of the ROO Provisions. The tariff commitments in AANZFTA only apply to goods which comply with its ROO provisions and are therefore eligible to be considered to be AANZFTA originating goods, and which are supported by a COO issued by an Issuing Authority/Body in the exporting Party (see Part 3.3 below). Under these provisions a good will be considered an AANZFTA originating good if: It is wholly produced or obtained in a Party (as provided in Article 3 of Chapter 3 (Rules of Origin) of the Agreement); or It makes use of non-originating materials but these are substantially transformed; or It is produced in a Party exclusively from originating materials from one or more of the Parties. Many agricultural, fishery and mineral goods will meet the requirements for being wholly produced or obtained. However, manufactured goods typically make use of components and inputs from a range of countries and will therefore generally involve at least some use of non-originating materials. This means that most manufactured goods will need to comply with AANZFTA’s rules on substantial transformation of these non-originating materials in order to be deemed an AANZFTA originating good. AANZFTA’s Substantial Transformation Requirements AANZFTA’s ROO make use of a number of internationally recognized tests for determining substantial transformation: Change in Tariff Classification (CTC): non-originating materials must undergo the required change in their tariff classification under the HS within the specified AANZFTA Party. The required CTC change might be at one of three levels: a change in tariff chapter, at the 2-digit level of the HS; a change in tariff heading, at the 4-digit level of the HS; or a change in tariff sub-heading, at the 6-digit level of the HS. Regional Value Content (RVC): the proportion of the value of the exported good added within the AANZFTA Parties must reach a specified threshold (i.e. this puts a limit on the proportion of the value of the exported good represented by non-originating materials). Specified processing: non-originating materials must undergo specified processing within AANZFTA Parties. Many Products have Co-Equal CTC or RVC Rules An important feature of AANZFTA’s ROO is that for many goods they allow manufacturers the choice of using either a CTC rule or an RVC rule in order to determine the origin of the good. AANZFTA’s ROO fall into the following general categories: The “co-equal” rules – the choice of either a CTC rule or an RVC rule – apply to products cov...
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Overview of the ROO Provisions. 16. The tariff commitments in AANZFTA only apply to goods which comply with its rules of origin (ROO) provisions and are therefore eligible to be considered to be AANZFTA originating goods, and which are supported by a Certificate of Origin (COO) issued by Issuing Authority/Body (see Part 3.3 below).
Overview of the ROO Provisions. 9. The tariff commitments in MAFTA only apply to goods which comply with its ROO provisions and are therefore eligible to be considered to be MAFTA originating goods.

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