Reduction and/or Elimination of Customs Duties. Except as otherwise provided in this Agreement, each Party shall progressively reduce and/or eliminate customs duties on originating goods of the other Parties in accordance with its schedule of tariff commitments in Annex 1 (Schedules of Tariff Commitments).
Reduction and/or Elimination of Customs Duties. 1. Each Party shall reduce and/or eliminate its customs duties on originating goods of the other Party in accordance with Annex 2A and Annex 2B and their respective headnotes.
2. Upon request by a Party, the Parties shall consult each other to consider the possibility of accelerating the reduction and/or elimination of customs duties as set out in the Annexes referred to in paragraph 1. An agreement by the Parties to accelerate the reduction and/or elimination of customs duties on any goods, shall replace the terms established for those goods in this Article and the Annexes referred to in paragraph 1 in accordance with Article 16.7.
Reduction and/or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, each Party shall progressively reduce and/or eliminate customs duties on originating goods of the other Party in accordance with its schedule of tariff commitments in Annex 1 to this Agreement and shall not increase any customs duty or adopt any new customs duty resulting in the customs duty rate for originating goods of the other Party exceeding the level specified in its schedule of tariff commitments in Annex 1 to this Agreement.
2. A Party may, at any time, unilaterally accelerate the reduction and/or elimination of customs duties on originating goods of the other Party set out in its schedule of tariff commitments in Annex 1 to this Agreement. This shall not preclude either Party from raising a customs duty to the level established in its schedule of tariff commitments in Annex 1 to this Agreement for the respective year following a unilateral reduction. A Party considering such raise, reduction and/or elimination of a customs duty shall inform the other Party as early as practicable before the new rate of customs duty takes effect.
3. The Parties may consider accelerating the reduction and/or elimination of customs duties set out in their schedules of tariff commitments in Annex 1 to this Agreement by amending this Agreement in accordance with Article 15.5 of this Agreement.
4. If the rate of customs duty on an originating good of a Party applied in accordance with Annex 1 to this Agreement is higher than the most-favoured- nation applied rate of customs duty on the same good, such good shall be eligible for the latter one.
Reduction and/or Elimination of Customs Duties. 1. Except as otherwise provided in this Agreement, each Party shall progressively reduce and/or eliminate customs duties on originating goods of the other Party in accordance with its Schedule of Tariff Commitments in Annex 3-A.
2. Except as otherwise provided in this Agreement, a Party shall not increase any existing customs duty or introduce a new customs duty on an originating good covered by this Agreement.
3. If the Most Favoured Nation (MFN) rate of customs duties applied by a Party on a particular good is lower than the rate of customs duty provided for in its schedule of tariff commitments set out in Annex 3-A, that Party shall apply the lower rate to the originating good of the other Party.
4. On request of either Party, the Parties shall consult to consider improving tariff commitments set out in their Schedules set out in Annex 3-A. An agreement between the Parties to improve tariff commitments under this Agreement shall be considered and adopted in accordance with Article 11.1.4(c) (IC-CEPA Joint Commission).
5. A Party may at any time accelerate unilaterally the reduction and/or elimination of customs duties on originating goods of the other Party set out in its Schedule in Annex 3-A. A Party considering doing so shall inform the other Party as early as practicable.
Reduction and/or Elimination of Customs Duties. 1. Each Party shall accord to the originating goods of the other Party treatment not less favourable than that provided for in the former Party’s Schedule of Tariff Commitments provided for in Annex 1 to this Agreement.
2. The originating goods of a Party described in the Schedule of Tariff Commitments of another Party, shall, on their importation into the territory of the latter Party, and subject to the terms, conditions and qualifications set forth in that Schedule, be exempt from customs duties in excess to those set forth and provided therein. Such goods shall also be exempt from all other duties or charges of any kind imposed on or in connection with the importation in excess of those set forth and provided in the Schedule.
3. Nothing in this Article shall prevent any Party from imposing at any time on the importation of any product:
(a) charge equivalent to an internal tax imposed consistently with the provisions of paragraph 2 of Article 2.2 of this Agreement in respect of the like domestic product or in respect of an article from which the imported product has been manufactured or produced in whole or in part;
(b) any duty imposed consistently with Chapter 3 of this Agreement;
(c) fees or other charges commensurate with the cost of services rendered.
4. If the rate of preferential customs duty on an originating goods of a Party applied in accordance with Annex 1 to this Agreement is higher than the most-favoured-nation applied rate of customs duty on the same goods, such goods shall be eligible for the latter one.
Reduction and/or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, neither Party may increase any existing customs duty, or adopt any new customs duty, on an originating good.
2. Except as otherwise provided for in this Agreement, each Party shall progressively reduce and/or eliminate its customs duties on originating goods in accordance with its Schedule of tariff commitments in Annex 2-B (Reduction and/or Elimination of Customs Duties).
3. On the request of either Party, the Parties shall consult to consider accelerating the reduction and/or elimination of customs duties set out in their Schedules in Annex 2-B (Reduction and/or Elimination of Customs Duties). An agreement between the Parties to accelerate the reduction and/or elimination of a customs duty on a good shall supersede any duty rate or staging category determined pursuant to their Schedules in Annex 2-B (Reduction and/or Elimination of Customs Duties) for such good.
4. A Party may at any time unilaterally accelerate the reduction and/or elimination of customs duties on originating goods of the other Party set out in its Schedule in Annex 2-B (Reduction and/or Elimination of Customs Duties). Such Party shall inform the other Party as early as practicable before the new rate of customs duty takes effect.
Reduction and/or Elimination of Customs Duties. 1. Except as otherwise provided in this Agreement, neither Party may increase any existing customs duty, or adopt any new customs duty, on an originating good.
2. Except as otherwise provided in this Agreement, each Party shall progressively reduce and/or eliminate its customs duties on originating goods in accordance with its Schedule in Annex 3-B.
3. If a Party reduces its applied MFN import duty rates after the entry into force of this Agreement, on the request of the other Party, Parties shall consult to consider the modification of the tariff commitments in the Committee on Trade in Goods pursuant to Article 3.12(4).
4. On the request of either Party, the Parties shall consult to consider accelerating the reduction and/or elimination of customs duties set out in their Schedules in Annex 3 B. An agreement between the Parties to accelerate the reduction and/or elimination of a customs duty on a good shall supersede any duty rate or staging category determined pursuant to their Schedules in Annex 3-B for such good.
5. Any modification of tariff commitments, referred to in paragraphs 3 and 4, shall come into effect after being adopted by the Commission and after each Party completes its domestic legal procedures.
6. A Party may at any time accelerate unilaterally the reduction and/or elimination of customs duties on originating goods of the other Party set out in its Schedule in Annex 3-B. A Party considering this shall inform the other Party as early as practicable before the new rate of customs duty takes effect.
Reduction and/or Elimination of Customs Duties. 1. Except as otherwise provided in this Agreement, neither Party may increase any existing customs duty, or adopt any new customs duty, on an originating good.
2. Except as otherwise provided in this Agreement, each Party shall progressively reduce and/or eliminate its customs duties on originating goods in accordance with its Schedule in Annex 3-B.
3. If a Party reduces its applied MFN import duty rates after the entry into force of this Agreement, on the request of the other Party, Parties shall consult to consider the modification of the tariff commitments in the Committee on Trade in Goods pursuant to Article 3.12(4).
4. On the request of either Party, the Parties shall consult to consider accelerating the reduction and/or elimination of customs duties set out in their Schedules in Annex 3-
Reduction and/or Elimination of Customs Duties. General Notes
