Common use of Tariff Elimination Clause in Contracts

Tariff Elimination. 1. Except as otherwise provided in this Agreement, each Party shall eliminate its customs duties on originating textile and apparel goods in accordance with its Schedule to Annex IV (Tariff Elimination). 2. Duties on originating textile and apparel goods provided for in the items in staging category A in a Party’s Schedule shall be eliminated entirely and such goods shall be duty- free on the date this Agreement enters into force. 3. Duties on originating textile and apparel goods provided for in the items in staging category D in a Party’s Schedule shall be reduced to 50 percent of that Party’s base rate of duty on January 1 of year one. Beginning January 1 of year two, duties shall be removed in five equal annual stages, and such goods shall be duty-free, effective January 1 of year six. 4. Duties on originating textile and apparel goods provided for in the items in staging category F in a Party’s Schedule shall be removed in nine equal annual stages beginning January 1 of year one, and such goods shall be duty-free, effective January 1 of year nine. 5. Duties on originating textile and apparel goods provided for in the items in staging category H in a Party’s Schedule shall be removed in ten stages. On January 1 of year one, duties shall be reduced by three percent of that Party’s base rate, and by an additional three percent of the base rate on January 1 of each year thereafter through year four. Beginning January 1 of year five, duties shall be removed in six equal annual stages, and such goods shall be duty-free, effective January 1 of year ten. 6. The United States shall eliminate customs duties on any originating textile or apparel goods that, after the date of entry into force of this Agreement, are designated as articles eligible for duty-free treatment under the U.S. Generalized System of Preferences, effective from the date of such designation. 7. On the date of entry into force of this Agreement, each Party shall provide that the originating apparel goods specified in Annex 4-B shall be duty-free, up to the annual quantities identified therein. Duties on originating apparel goods specified in Annex 4-B above those quantities shall be reduced as provided for in paragraph 3. 8. An importing Party, through its competent authorities, shall require an importer claiming duty-free treatment for an originating apparel good listed in Annex 4-B to present to the competent authorities at the time of entry a declaration that it is entitled to duty-free treatment in accordance with paragraph 7 and Annex 4-B. The importing Party shall not be required to provide duty-free treatment if an importer does not provide such a declaration. An exporting Party may require the exporter to prepare a declaration of eligibility for duty-free treatment in order to administer the annual quantities listed in Annex 4-B. 9. On the request of either Party, the Parties shall consult to consider accelerating the elimination of customs duties, and to consider increasing the annual quantities listed in Annex 4-B. An agreement by the Parties to accelerate the elimination of a customs duty or to adjust the annual quantities listed in Annex 4-B shall supersede any duty rate, staging category, or annual quantity determined pursuant to this Agreement when approved by each Party in accordance with its applicable legal procedures.

Appears in 4 contracts

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

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Tariff Elimination. 1. Except as otherwise provided in a Party’s Schedule to this AgreementAnnex, the following staging categories apply to the elimination of customs duties by each Party shall eliminate its customs pursuant to Article 2.3.2: (a) duties on originating textile and apparel goods in accordance with its Schedule to Annex IV (Tariff Elimination). 2. Duties on originating textile and apparel goods provided for in the items in staging category A in a Party’s Schedule shall be eliminated entirely and such goods shall be duty- duty-free on the date this Agreement enters into force.; 3. Duties (b) duties on originating textile goods provided for in the items in staging category B in a Party’s Schedule shall be removed in five equal annual stages beginning on the date this Agreement enters into force, and apparel such goods shall be duty-free, effective January 1 of year five; (c) duties on originating goods provided for in the items in staging category C in a Party’s Schedule shall be removed in ten equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of year ten; (d) duties on originating goods provided for in the items in staging category D in a Party’s Schedule shall be reduced to 50 percent removed in 15 equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of that year 15; (e) duties on originating goods provided for in the items in staging category E in a Party’s Schedule shall remain at base rate of duty rates during years one through ten. Beginning on January 1 of year one. Beginning January 1 of year two11, duties shall be removed reduced in five seven equal annual stages, and such goods shall be duty-free, effective January 1 of year six.17; 4. Duties on (f) originating textile and apparel goods provided for in the items in staging category F in a Party’s Schedule shall continue to receive duty-free treatment; and (g) duties on originating goods provided for in the items in staging category T in a Party’s Schedule shall be removed in nine 11 equal annual stages beginning January 1 of year oneon the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of year nine11. 2. The base rate of customs duty and staging category for determining the interim rate of customs duty at each stage of reduction for an item are indicated for the item in each Party’s Schedule. 3. Interim staged rates shall be rounded down, at least to the nearest tenth of a percentage point, or, if the rate of duty is expressed in monetary units, at least to the nearest 0.001 of the official monetary unit of the Party. 4. For purposes of this Annex and a Party’s Schedule, year one means the year this Agreement enters into force as provided in Article 23.4 (Entry into Force). 5. Duties on originating textile For purposes of this Annex and apparel goods provided for in the items in staging category H in a Party’s Schedule Schedule, beginning in year two, each annual stage of tariff reduction shall be removed in ten stages. On January 1 of year one, duties shall be reduced by three percent of that Party’s base rate, and by an additional three percent of the base rate take effect on January 1 of each year thereafter through year four. Beginning January 1 of year five, duties shall be removed in six equal annual stages, and such goods shall be duty-free, effective January 1 of year tenthe relevant year. 6. The United States shall eliminate customs duties on any originating textile or apparel goods that, after the date of entry into force of this Agreement, are designated as articles eligible for duty-free treatment under the U.S. Generalized System of Preferences, effective from the date of such designation. 7. On the date of entry into force of this Agreement, each Party shall provide that the originating apparel goods specified in Annex 4-B shall be duty-free, up to the annual quantities identified therein. Duties on originating apparel goods specified in Annex 4-B above those quantities shall be reduced as provided for in paragraph 3. 8. An importing Party, through its competent authorities, shall require an importer claiming duty-free treatment for an originating apparel good listed in Annex 4-B to present to the competent authorities at the time of entry a declaration that it is entitled to duty-free treatment in accordance with paragraph 7 and Annex 4-B. The importing Party shall not be required to provide duty-free treatment if an importer does not provide such a declaration. An exporting Party may require the exporter to prepare a declaration of eligibility for duty-free treatment in order to administer the annual quantities listed in Annex 4-B. 9. On the request of either Party, the Parties shall consult to consider accelerating the elimination of customs duties, and to consider increasing the annual quantities listed in Annex 4-B. An agreement by the Parties to accelerate the elimination of a customs duty or to adjust the annual quantities listed in Annex 4-B shall supersede any duty rate, staging category, or annual quantity determined pursuant to this Agreement when approved by each Party in accordance with its applicable legal procedures.

Appears in 2 contracts

Samples: Trade Agreement, Trade Agreement

Tariff Elimination. 1. Except as otherwise provided in a Party’s Schedule to this AgreementAnnex, the following staging categories apply to the elimination of customs duties by each Party shall eliminate its customs pursuant to Article 2.3.2: (a) duties on originating textile and apparel goods in accordance with its Schedule to Annex IV (Tariff Elimination). 2. Duties on originating textile and apparel goods provided for in the items in staging category A in a Party’s Schedule shall be eliminated entirely and such goods shall be duty- duty-free on the date this Agreement enters into force.; 3. Duties (b) duties on originating textile goods provided for in the items in staging category B in a Party’s Schedule shall be removed in five equal annual stages beginning on the date this Agreement enters into force, and apparel such goods shall be duty-free, effective January 1 of year five; (c) duties on originating goods provided for in the items in staging category C in a Party’s Schedule shall be removed in ten equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of year ten; (d) duties on originating goods provided for in the items in staging category D in a Party’s Schedule shall be reduced to 50 percent removed in fifteen equal annual stages beginning on the date this Agreement enters into force, and such goods shall be duty-free, effective January 1 of that year fifteen; (e) duties on originating goods provided for in the items in staging category E in a Party’s Schedule shall remain at base rate of duty rates during years one through ten. Beginning on January 1 of year one. Beginning January 1 of year two11, duties shall be removed reduced in five seven equal annual stages, and such goods shall be duty-free, effective January 1 of year six.17; and 4. Duties on (f) originating textile and apparel goods provided for in the items in staging category F in a Party’s Schedule shall be removed continue to receive duty-free treatment. 2. The base rate of customs duty and staging category for determining the interim rate of customs duty at each stage of reduction for an item are indicated for the item in nine equal annual stages beginning January 1 of year one, and such goods each Party’s Schedule. 3. Interim staged rates shall be duty-freerounded down, effective January 1 at least to the nearest tenth of a percentage point, or, if the rate of duty is expressed in monetary units, at least to the nearest 0.001 of the official monetary unit of the Party. 4. For purposes of this Annex and a Party’s Schedule, year nineone means the year this Agreement enters into force as provided in Article 23.4 (Entry into Force). 5. Duties For purposes of this Annex and a Party’s Schedule, beginning in year two, each annual stage of tariff reduction shall take effect on originating textile and apparel goods January 1 of the relevant year (or, in the case of a good provided for in the items subheadings listed in staging category H in a Partyparagraph 7(d) of Appendix I to Peru’s Schedule shall be removed in ten stages. On January 1 of year oneto this Annex, duties shall be reduced by three percent of that Party’s base rate, and by an additional three percent on the first day of the base rate on January 1 of each year thereafter through year four. Beginning January 1 of year five, duties shall be removed in six equal annual stages, and such goods shall be duty-free, effective January 1 of year tenrelevant marketing year). 6. The United States shall eliminate customs duties on any originating textile or apparel goods that, after the date of entry into force of this Agreement, are designated as articles eligible for duty-free treatment under the U.S. Generalized System of Preferences, effective from the date of such designation. 7. On the date of entry into force of this Agreement, each Party shall provide that the originating apparel goods specified in Annex 4-B shall be duty-free, up to the annual quantities identified therein. Duties on originating apparel goods specified in Annex 4-B above those quantities shall be reduced as provided for in paragraph 3. 8. An importing Party, through its competent authorities, shall require an importer claiming duty-free treatment for an originating apparel good listed in Annex 4-B to present to the competent authorities at the time of entry a declaration that it is entitled to duty-free treatment in accordance with paragraph 7 and Annex 4-B. The importing Party shall not be required to provide duty-free treatment if an importer does not provide such a declaration. An exporting Party may require the exporter to prepare a declaration of eligibility for duty-free treatment in order to administer the annual quantities listed in Annex 4-B. 9. On the request of either Party, the Parties shall consult to consider accelerating the elimination of customs duties, and to consider increasing the annual quantities listed in Annex 4-B. An agreement by the Parties to accelerate the elimination of a customs duty or to adjust the annual quantities listed in Annex 4-B shall supersede any duty rate, staging category, or annual quantity determined pursuant to this Agreement when approved by each Party in accordance with its applicable legal procedures.

Appears in 2 contracts

Samples: Trade Promotion Agreement, Trade Agreement

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Tariff Elimination. 1. Except as otherwise provided in this Agreement, each Party shall eliminate its customs duties on originating textile and apparel goods in accordance with its Schedule to Annex IV (Tariff Elimination). 2. Duties on originating textile and apparel goods provided for in the items in staging category A in a Party’s Schedule shall be eliminated entirely and such goods shall be duty- duty-free on the date this Agreement enters into force. 3. Duties on originating textile and apparel goods provided for in the items in staging category D in a Party’s Schedule shall be reduced to 50 percent of that Party’s base rate of duty on January 1 of year one. Beginning January 1 of year two, duties shall be removed in five equal annual stages, and such goods shall be duty-free, effective January 1 of year six. 4. Duties on originating textile and apparel goods provided for in the items in staging category F in a Party’s Schedule shall be removed in nine equal annual stages beginning January 1 of year one, and such goods shall be duty-free, effective January 1 of year nine. 5. Duties on originating textile and apparel goods provided for in the items in staging category H in a Party’s Schedule shall be removed in ten stages. On January 1 of year one, duties shall be reduced by three percent of that Party’s base rate, and by an additional three percent of the base rate on January 1 of each year thereafter through year four. Beginning January 1 of year five, duties shall be removed in six equal annual stages, and such goods shall be duty-free, effective January 1 of year ten. 6. The United States shall eliminate customs duties on any originating textile or apparel goods that, after the date of entry into force of this Agreement, are designated as articles eligible for duty-duty- free treatment under the U.S. Generalized System of Preferences, effective from the date of such designation. 7. On the date of entry into force of this Agreement, each Party shall provide that the originating apparel goods specified in Annex 4-B shall be duty-free, up to the annual quantities identified therein. Duties on originating apparel goods specified in Annex 4-B above those quantities shall be reduced as provided for in paragraph 3. 8. An importing Party, through its competent authorities, shall require an importer claiming duty-free treatment for an originating apparel good listed in Annex 4-B to present to the competent authorities at the time of entry a declaration that it is entitled to duty-free treatment in accordance with paragraph 7 and Annex 4-B. The importing Party shall not be required to provide duty-free treatment if an importer does not provide such a declaration. An exporting Party may require the exporter to prepare a declaration of eligibility for duty-free treatment in order to administer the annual quantities listed in Annex 4-B. 9. On the request of either Party, the Parties shall consult to consider accelerating the elimination of customs duties, and to consider increasing the annual quantities listed in Annex 4-B. An agreement by the Parties to accelerate the elimination of a customs duty or to adjust the annual quantities listed in Annex 4-B shall supersede any duty rate, staging category, or annual quantity determined pursuant to this Agreement when approved by each Party in accordance with its applicable legal procedures.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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