Common use of Value of Materials Used in Production Clause in Contracts

Value of Materials Used in Production. Each Party shall provide that for the purposes of this Chapter, the value of a material is: (a) for a material imported by the producer of the good, the transaction value of the material at the time of importation, including the costs incurred in the international shipment of the good; (b) for a material acquired in the territory where the good is produced: (i) the price paid or payable by the producer in the Party where the producer is located; (ii) the value as determined for an imported material in subparagraph (a); or (iii) the earliest ascertainable price paid or payable in the territory of the Party; or (c) for a material that is self-produced:

Value of Materials Used in Production. Each Party shall provide that that, for the purposes of this Chapter, the value of a material is: (a) for a material imported by the producer of the good, the transaction value of the material at the time of importation, including the costs incurred in the international shipment of the goodmaterial; (b) for a material acquired in the territory where the good is produced: (i) the price paid or payable by the producer in the Party where the producer is located;, (ii) the value as determined for an imported material in subparagraph (a); , or (iii) the earliest ascertainable price paid or payable in the territory of the Party; or (c) for a material that is self-produced:, all the costs incurred in the production of the material, which includes general expenses.