The Regional Value Content Sample Clauses

The Regional Value Content. 1. Annex 4.1 (where specific rules of origin) specifies a regional value content test to determine whether a product is originating, each Party shall provide to the person requesting preferential tariff treatment for the good to calculate the regional value content based on one of the following methods: (a) Reduction method is -vmn VCR - = X 100 Is (b) Method of VMO increase VCR - = X 100 Is Where: The regional value content VCR is expressed as a percentage; It is the adjusted value Vmn is the value of non-originating materials used by the producer in the production of the good; and VMO is the value of originating materials used by the producer in the production of the good.
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The Regional Value Content. 1. The regional value content of the goods shall be calculated according to the following formula: Vt-vmn VCR = _ × 100 Or Where: VCR is the regional value content, expressed as a percentage; VL is the transaction value of the good adjusted on a FOB basis, except as provided in paragraph 3. in the event that there is no value or cannot be determined according to the principles of article 1 of the Customs Valuation Agreement; the same shall be calculated in accordance with this Agreement and: Vmn is the transaction value of non-originating materials adjusted on a CIF basis, except as provided in paragraph 5. in the event that there is no value or cannot be determined according to the principles of article 1 of the Customs Valuation Agreement; the same shall be calculated in accordance with this Agreement. 2. For purposes of calculating the regional value content of the percentage shall be forty (40 per cent) for Ecuador and fifty percent (50%) for Chile. 3. Where a good is exported directly by the producer, the value shall be adjusted to the point at which the buyer receives the good within the territory of the Party where the producer is located. 4. All records of costs considered for the calculation of regional value content shall be recorded and maintained in accordance with generally accepted accounting principles applicable in the territory of the Party where the good is produced. 5. When the producer of a good acquires a non-originating material in the territory of a party is located, where the value of the non-originating material shall not include freight and insurance costs, packing and all other costs incurred in transporting the material from the warehouse of the supplier to the place where the producer is located. 6 6. For purposes of calculating the regional value content of the value of the non-originating materials Used by the producer in the production of a good shall not include the value of non-originating materials used by: a) Another producer in the production of an originating material that is acquired and used by the producer of the good in the production of that good; or b) The producer of the good in the production of an originating material of his own manufacture.
Sample 1Sample 2
The Regional Value Content. 1. The regional value content (hereinafter VCR) of a good shall be calculated on the basis of the following method: FOB - vmn X VCR = 100 FOB Where: VCR: is the regional value content, expressed as a percentage; : is the FOB value of the good free on board in accordance with article 3.35; and Vmn: is the value of non-originating materials. 2. The value of the non-originating materials shall be: (a) The CIF value at the time of importation of the material; or (b) The first ascertainable price paid or payable for the non-originating materials in the territory of the Party where the process or processing. When the producer of a good non-originating materials within that party acquires the value of such materials shall not include freight and insurance costs, packing and all other costs incurred in transporting the material from the supplier to the place where the producer is located. 3. The values referred to above shall be determined in accordance with the agreement on customs valuation of the WTO.
Sample 1
The Regional Value Content. The regional value content of the goods shall be calculated on the basis of the transaction value method, which shall apply to the following formula: VCR=[(VT-VMN)/VT]*100 Where: VCR = regional value content, expressed as a percentage. VT = the transaction value of the good adjusted on the basis of FOB VMN = non-originating goods value of the Parties used in the production of the good. It is obtained from subtract the transaction value of the good or the value of the non-originating goods used in the region in the development or production, and shall be divided between the transaction value of the same; all of which is multiplied by 100. When the producer of a good exported not 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. When the origin is determined by the regional value content of the required percentage specified in annex corresponding to the specific rules of origin. All costs considered for the calculation of regional value content shall be recorded and maintained in accordance with generally accepted accounting principles applicable in the territory of the Party where the good is produced.
Sample 1

Related to The Regional Value Content

  • Regional Value Content 1. Subject to Paragraphs 2 to 4 of this Article and Article 404, where Annex 4.1 requires goods to have a regional value content, the regional value content of particular goods shall be calculated as follows: x 100 where:

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