Common use of Temporary Importation of Goods Clause in Contracts

Temporary Importation of Goods. 1. Each Party shall authorize the temporary importation free of import duties or with suspension of the payment thereof, at least to the goods listed below, which are imported from another Party, regardless of their origin and regardless of whether similar goods, direct competitors or substitutes are available in the territory of the importing Party: a) professional equipment necessary for the exercise of the activity, trade or profession of a business person; b) press equipment or equipment for on-air transmission of radio or television signals and cinematographic equipment; c) goods imported for sporting purposes or for exhibition or demonstration purposes including components, ancillary apparatus and accessories; and d) commercial samples and advertising films. 2. Except as otherwise provided in this Agreement, each Party may subject the temporary importation of a good referred to in paragraph 1(a), (b) or (c), free of import duty or with suspension of import duty, to any of the following conditions, and no additional conditions may be adopted: a) that are introduced by natural or juridical persons legally established in the Party, or by nationals of another Party; b) that the property is used exclusively by the person who enters temporarily or under his personal supervision, in the performance of his activity, trade or profession; c) that the property is not sold, leased or otherwise disposed of while it remains in its territory; d) that the temporary importation is secured by a bond or other guarantee not exceeding 110% of the charges that would be caused by the definitive importation of the good, to be released at the time of re-exportation; e) that the good is susceptible to identification upon re-export; f) that the good is re-exported upon departure of the person or within a period that reasonably corresponds to the purpose of the temporary importation, which in no case may exceed six months, extendable to nine months; g) that the good is imported in quantities not greater than is reasonable in accordance with its intended use; and h) that the good is re-exported in the same form in which it was imported. 3. Except as otherwise provided in this Agreement, the Parties may subject the temporary importation of a good referred to in paragraph 1(d) to any of the following conditions free of import duties or with suspension of the payment thereof, without the possibility of adopting additional conditions: a) that the good is imported only for the purpose of obtaining orders for goods or services to be supplied from the territory of another Party or from another non-Party; b) that the property is not for sale or lease and is used only for demonstration or exhibition while remaining in its territory; c) that the good is susceptible to identification upon re-export; d) that the good is re-exported within a period that reasonably corresponds to the purpose of the temporary importation, which in no case may exceed six months, which may be extended to nine months; and e) that the good is imported in amounts not greater than reasonable in accordance with its intended use. 4. Where a good that is temporarily imported free of import duty under paragraph 1 fails to meet any of the conditions that a Party imposes under paragraphs 2 and 3, that Party may require payment of import duties and any other charges that would be incurred on the final importation of the good.

Appears in 3 contracts

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

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Temporary Importation of Goods. 1. For purposes of this Article, the following definitions shall apply: goods imported for sporting purposes: sporting equipment for use in competitions, sporting events or training in the territory of the Party into which it is imported; goods for exhibition or demonstration purposes: goods for exhibition or demonstration purposes, including components, auxiliary apparatus and accessories; advertising films: recorded visual media, with or without sound, consisting essentially of images showing the nature or functioning of goods or services offered for sale or rental by a person established or resident in the territory of a Party, provided that the films are suitable for exhibition to potential customers, but not for dissemination to the general public; and are imported in packages each containing not more than one copy of each film, and are not part of a larger consignment. 2. Each Party shall authorize the temporary importation free without payment of import duties or with suspension customs duty of the payment thereof, at least to the following goods listed below, which that are imported from another the territory of the other Party, regardless of their origin and regardless of whether similar goods, direct competitors or substitutes are available in the territory of the importing Party: (a) professional equipment necessary for the exercise of the activity, trade or profession of a business person; (b) press equipment or equipment for on-air transmission the broadcasting of radio or television signals and cinematographic equipment; (c) goods imported for sporting purposes purposes, or for exhibition or demonstration purposes including components, ancillary apparatus demonstration; and accessories; and d) commercial samples and advertising films. 23. Except as otherwise provided in this Agreement, each Party the Parties may subject the temporary importation without payment of customs duty of a good of the type referred to in paragraph 1(asubparagraphs (a), (b) or (c), free ) of import duty or with suspension of import duty, paragraph 2 to any of the following conditions, and provided that no additional conditions may be adopted: (a) that are introduced the good is imported by natural a person of the other Party or juridical persons legally established in the Party, or by nationals of another Partyits representative; (b) that the property good is used exclusively by the person who enters temporarily or by his representative, or under his personal supervision, in the performance course of his activitytrade, trade craft or profession; (c) that the property good is not sold, leased or otherwise disposed of while it remains in its territory; (d) that the temporary importation good is secured accompanied by a bond or other guarantee not exceeding 110% of the charges that would be caused by due, if any, for entry or final importation, or the definitive importation other form of security, refundable at the time of exportation of the good, to except that no bond may be released at the time of re-exportationrequired for customs duties on an originating good; (e) that the good is susceptible to capable of identification upon re-exportwhen exported; (f) that the good is re-exported upon departure of the person or his representative, or within a period that of time reasonably corresponds corresponding to the purpose of the temporary importation, which in no case may exceed six months, extendable to nine months; (g) that the good is imported in quantities not greater than is reasonable in accordance with its intended use; and (h) that the good is re-exported in the same form condition in which it was imported. 34. Except as otherwise provided in this Agreement, the Parties may subject make the temporary importation without payment of customs duty of a good of the type referred to in paragraph 1(d2(d) subject to any of the following conditions, provided that no additional conditions free of import duties or with suspension of the payment thereof, without the possibility of adopting additional conditionsmay be adopted: (a) that the good is imported only for the purpose of obtaining lifting orders for goods or services to be supplied from the territory of another the other Party or from another non-Party; (b) that the property good is not for sale or lease and is used only for demonstration or exhibition while remaining in its territory; (c) that the good is susceptible to capable of identification upon re-exportwhen exported; (d) that the good is re-exported within a period that of time reasonably corresponds corresponding to the purpose of the temporary importation, which in no case may exceed six months, which may be extended to nine months; and; (e) that the good is imported in amounts quantities not greater than is reasonable in accordance with its intended use; and (f) the good is accompanied by a bond not exceeding 110% of the charges, if any, that would be due on entry or final importation, or such other form of security, refundable upon exportation of the good, except that no bond may be required for customs duties on an originating good. 45. Where a good that is temporarily imported free of import duty under paragraph 1 fails to meet any of the conditions that a Party imposes under paragraphs 2 3 and 34, that Party may require payment of import apply the customs duties and any other charges that would be incurred due on the entry or final importation of the good.

Appears in 1 contract

Samples: Economic Complementation Agreement

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Temporary Importation of Goods. 1. Each Party shall authorize the grant duty-free temporary importation free of import duties or with suspension of the payment thereof, at least to the goods listed below, which are imported from another Party, regardless of their origin and regardless of whether similar goods, direct competitors or substitutes are available in the territory of the importing Partyadmission for: (a) professional Professional equipment necessary for carrying out the exercise of the business activity, trade or profession of a business person; (b) press equipment or equipment for on-air transmission of radio the press or for sound or television signals broadcasting, and cinematographic equipment; (c) goods imported for sporting sports purposes and goods intended for display or for exhibition or demonstration purposes demonstration, including components, ancillary auxiliary apparatus and accessories; and (d) commercial samples and advertising films; imported from the territory of the other Party, regardless of their origin and regardless of whether similar, directly competitive or substitutable goods are available in the territory of the Party. 2. Except as otherwise provided in this Agreement, each no Party may subject condition the duty-free temporary importation admission of a good referred to in paragraph 1(a), (b) or (c), free of import duty other than to require that such good: (a) Be imported by a national or with suspension of import duty, to any resident of the following conditions, and no additional conditions may be adopted: a) that are introduced by natural or juridical persons legally established in the Party, or by nationals of another other Party; (b) that the property is be used exclusively solely by the person who enters temporarily or under his the personal supervision, supervision of such person in the performance exercise of his the business activity, trade or professionprofession of that person; (c) that the property is not sold, be sold or leased or otherwise disposed of transferred in any other form while it remains in its territory; d) that territory under the temporary importation is secured regime; (d) be accompanied by a bond or other guarantee not exceeding 110% in an amount no greater than 110 per cent of the charges that would otherwise be caused owed on entry or final importation, or by the definitive importation another form of security, releasable on exportation of the good, to except that a bond for customs duties shall not be released at the time of re-exportationrequired for an originating good; (e) that be capable of identification by such reasonable means as may be established by the good is susceptible to identification upon re-exportcustoms authority; (f) that be exported on the good is re-exported upon departure of the that person or within a the period that reasonably corresponds of time corresponding to the purpose of the temporary importation, which admission; (g) be imported in no case may exceed six months, extendable to nine months; g) that the good is imported in quantities not greater quantity than is reasonable in accordance with for its intended use. (h) not undergo any transformation or modification during the authorized period of importation, apart from wear and tear arising from normal use; and h(i) that comply with the good is resanitary and phytosanitary measures adopted pursuant to Chapter V (Sanitary and Phytosanitary Measures) and with standards-exported in the same form in which it was importedrelated measures pursuant to Chapter XIV (Standards-Related Measures). 3. Except as otherwise provided in this Agreement, neither Party may condition the Parties may subject the duty-free temporary importation admission of a good referred to in paragraph 1(d) ), other than to any of the following conditions free of import duties or with suspension of the payment thereof, without the possibility of adopting additional conditionsrequire that such good: (a) that the good is Be imported only solely for the purpose solicitation of obtaining orders for goods goods, or services to be supplied provided from the territory of another the other Party or from another of a non-Party; (b) that the property is not for sale be sold, leased or lease and is used only for transferred in any other form, or put to any use other than exhibition or demonstration or exhibition while remaining in its territory; (c) be accompanied by a bond in an amount no greater than 110 per cent of the charges that would otherwise be owed on entry or final importation, or by another form of security, releasable on exportation of the good is susceptible to identification upon re-exportgood, except that a bond for customs duties shall not be required for an originating good; (d) that be capable of identification by any reasonable means established by the good is re-customs authority; (e) be exported within a such period that as is reasonably corresponds related to the purpose of the temporary importation, which admission; (f) be imported in no case may exceed six months, which may be extended to nine months; and e) that the good greater quantity than is imported in amounts not greater than reasonable in accordance with for its intended use. (g) not undergo any transformation or modification during the authorized period of importation, apart from wear and tear arising from normal use; and (h) comply with the sanitary and phytosanitary measures adopted pursuant to Chapter V (Sanitary and Phytosanitary Measures) and with standards-related measures pursuant to Chapter XIV (Standards-Related Measures). 4. Where A Party may impose the customs duty and any other charge on a good temporarily admitted duty-free that is temporarily imported free would be owed on entry or final importation of import duty under paragraph 1 fails to meet such good if any of condition that the conditions that a Party imposes under paragraphs paragraph 2 and 3, that Party may require payment of import duties and any other charges that would be incurred on the final importation of the goodor 3 has not been fulfilled.

Appears in 1 contract

Samples: Free Trade Agreement

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