Regional Content Value Sample Clauses
Regional Content Value o 1. Except for paragraph 6, each Party shall provide that the regional content value of a good shall be calculated, at the option of the importer, exporter or producer of the good, under the transaction value method set out in paragraph 2 or the net cost method set out in paragraph 3.
o 2. Each Party shall provide that an importer, exporter or producer may calculate the regional content value of the good under the following transaction value method: ▪ VCR=(VT-VMNO)/VT x 100 o In which: ▪ VCR is the regional content value, expressed as a percentage; ▪ VT is the transaction value of the goods, adjusted to exclude any costs incurred in the international shipment of the goods; and ▪ VMNO is the value of non-originating materials, including materials of undetermined origin, used by the producer in the production of the good
o 3. Each Party shall provide that an exporter or producer may calculate the regional content value of the good under the following net cost method: ▪ VCR=(CN-VMNO)/CN x 100 • In which ▪ VCR is the regional content value, expressed as a percentage; ▪ CN is the net cost of the goods; and ▪ VMNO is the value of non-originating materials, including materials of undetermined origin, used by the producer in the production of the good.
o 4. Except as provided in Article 10.3 of Appendix 1 to Annex 4-B, for a motor vehicle identified in Article 10.4.2(a) of that Appendix, or a component identified in Table G of that Appendix, the value of non-originating materials used by the producer in the production of a good shall not include, for the purposes of calculating the regional value content of the good under paragraph 2 or 3, the value of non- originating materials used to produce originating materials to be subsequently used in the production of the good.
o 5. Each Party shall provide that, if a non-originating material is used in the production of the good, the following may be counted as originating content for purposes of determining whether the good meets the regional value content requirement:
(a) the value of the processing of non-originating materials carried out in the territory of one or more of the Parties; and
(b) the value of any originating material used in the production of the non- originating material carried out in the territory of one or more of the Parties.
o 6. Each Party shall provide that an exporter or producer may calculate the regional content value of a good only under the net cost method set out in paragraph 3 if the rule...
Regional Content Value. 1. Each Party shall provide that the regional value content of a good shall be calculated, at the option of the exporter or producer of the good, in accordance with the transaction value method set out in paragraph 2 or the net cost method set out in paragraph 4.
2. To calculate the regional value content of a good based on the transaction value method, the following formula shall be applied: where: VCR= VT - VMN VT 100 RCA: regional content value expressed as a percentage; VT: transaction value of a good adjusted on a F.O.B. basis, except as provided in paragraph 3; and The value of non-originating materials used by the producer in the production of the good, determined in accordance with the provisions of Article 4.5.
3. For the purposes of paragraph 2, where the producer of the good does not export the good directly, the transaction value shall be adjusted to the point at which the buyer receives the good within the territory where the producer is located.
4. To calculate the regional value content of a good based on the net cost method, the following formula shall be applied: where: RCA: regional value content expressed as a percentage. CN: net cost of goods. The value of non-originating materials used by the producer in the production of the good, determined in accordance with the provisions of Article 4.5.
5. For the purposes of paragraph 2, there shall be no transaction value when the goods are not the subject of a sale or when the circumstances set forth in Article
1.1 of the Customs Valuation Agreement are not met. In these cases, for the purposes of calculating the regional value content of a good, the producer or exporter may make such calculation based on the following:
(a) the net cost method; or
(b) the transaction value method. In this case, the customs value calculated in accordance with the principles of the Customs Valuation Agreement shall replace the transaction value in the formula of paragraph 2.
6. Except for goods covered by Article 4.16, a producer may average the regional value content of any or all goods falling within the same subheading that are produced in the same plant or in different plants within the territory of a Party, either on the basis of all goods produced by the producer or on the basis of only those goods that are exported to the other Party:
(a) in its fiscal year or period; or
(b) in any monthly, bimonthly, quarterly, quarterly, quarterly or semiannual period.
Regional Content Value. 1. When a good is required to meet a regional value content requirement to determine whether such good is originating, the calculation shall be based on the following method: VCR = VT- VMN/VT x 100 where: VCR: is the regional value content of the merchandise, expressed as a percentage; VT: is the transaction value of a good on an FOB basis, adjusted in accordance with the provisions of Articles 1 to 8, 15 and their corresponding interpretative notes of the Customs Valuation Agreement; VMN: is the value of all non-originating materials used by the producer in the production of the good.
2. For the purposes of paragraph 1, when the exporter is different from the producer, the latter may consider in the transaction value the costs of freight, insurance, packaging and all other costs incurred in transportation to the point where the exporter receives the goods within the territory where the producer is located.
3. To calculate the regional value content of a good classified in heading 87.01 through 87.07, the producer may average the calculation over its fiscal year or period, using any of the following categories, either on the basis of all motor vehicles in that category, or on the basis of only motor vehicles in that category that are exported to the territory of the other Party:
a) the same model line of the same class of motor vehicles, produced in the same plant in the territory of a Party;
b) the same class of motor vehicles, produced in the same plant in the territory of a Party; or
c) the same model line of motor vehicles produced in the territory of a Party.
Regional Content Value. 1. The Regional Content Value (RCV) criterion will be calculated as follows: RCV = V - VNM/V x 100% where: RCV is the regional content value, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VMN is the value of non-originating materials, including materials of undetermined origin, as defined in paragraph 2.
2. The value of non-originating materials shall be:
(a) the value of the materials, as defined in the Customs Valuation Agreement, adjusted on a CIF basis; or
(b) the first allocable price paid or payable for the non-originating materials in a Party where the processing or transformation took place. Where the producer of a good acquires non-originating materials within that Party, the value of such materials shall not include freight, insurance, packing costs and any other costs incurred in transporting the material from the supplier's warehouse to the producer's location.
3. The value of non-originating materials used by the producer in the manufacture of a product shall not include, for the purposes of calculating the regional value content of the product in accordance with paragraph 1, the value of non- originating materials used to produce originating materials that are subsequently used in the manufacture of the product.
Regional Content Value. 1. The regional value content (hereinafter RVC) of a good shall be calculated on the basis of the following method: RCV = FOB - VMN / FOB x 100 where: RCV: is the regional content value, expressed as a percentage; FOB: is the free on board value of the goods, in accordance with the Article 3.35; and VMN: is the value of non-originating materials.
2. The value of non-originating materials shall be:
(a) the CIF value at the time of importation of the material; or
(b) the first determinable price paid or payable for the non-originating materials, in the territory of the Party where the process was carried out, or transformation. When the producer of a good acquires non-originating materials within that Party, the value of such materials shall not include freight, insurance, packing costs and all other costs incurred in transporting the material from the supplier's warehouse to the place where the producer is located.
3. The values referred to above shall be determined in accordance with the WTO Customs Valuation Agreement.
Regional Content Value o 1. Except for paragraph 6, each Party shall provide that the regional content value of a good shall be calculated, at the option of the importer, exporter or producer of the good, under the transaction value method set out in paragraph 2 or the net cost method set out in paragraph 3.
o 2. Each Party shall provide that an importer, exporter or producer may calculate the regional content value of the good under the following transaction value method: ▪ VCR=(VT-VMNO)/VT x 100 o In which: ▪ VCR is the regional content value, expressed as a percentage; ▪ VT is the transaction value of the goods, adjusted to exclude any costs incurred in the international shipment of the goods; and ▪ VMNO is the value of non-originating materials, including materials of undetermined origin, used by the producer in the production of the good
o 3. Each Party shall provide that an exporter or producer may calculate the regional content value of the good under the following net cost method: ▪ VCR=(CN-VMNO)/CN x 100 • In which ▪ VCR is the regional content value, expressed as a percentage; ▪ CN is the net cost of the goods; and ▪ VMNO is the value of non-originating materials, including materials of undetermined origin, used by the producer in the production of the good.
o 4. Except as provided in Article 10.3 of Appendix 1 to Annex 4-B, for a motor vehicle identified in Article 10.4.2(a) of that Appendix, or a component identified in Table G of that Appendix, the value of non-originating materials used by the producer in the production of a good shall not include, for the purposes of calculating the regional value content of the good under paragraph 2 or 3, the value of non- originating materials used to produce originating materials to be subsequently used in the production of the good.
o 5. Each Party shall provide that, if a non-originating material is used in the production of the good, the following may be counted as originating content for purposes of determining whether the good meets the regional value content requirement:
(a) the value of the processing of non-originating materials carried out in the territory of one or more of the Parties; and
(b) the value of any originating material used in the production of the non- originating material carried out in the territory of one or more of the Parties.
o 6. Each Party shall provide that an exporter or producer may calculate the regional content value of a good only under the net cost method set out in paragraph 3 if the rule...