Common use of Value of Materials Clause in Contracts

Value of Materials. 1. The value of a material: (a) shall be the transaction value of the material; or (b) in the event that there is no transaction value or the transaction value of the material is unacceptable under Article 1 of the Customs Valuation Code, shall be determined in accordance with the principles set out in Articles 2 through 7 of the Customs Valuation Code. 2. Where not included under subparagraph (a) or (b) of paragraph 1, the value of a material shall include: (a) freight, insurance, packing and all other costs incurred in transporting the material to the importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and (b) the cost of waste and spoilage resulting from the use of the material in the production of the good, less the value of reusable scrap or by- product. 3. The value of a non-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, freight, insurance, packing and all other costs incurred in transporting the material from the warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory of the producer of the good. 4. For purposes of determining the regional value content under Article 3-04, the value of non-originating materials used by the producer in the production of the good shall not include the value of the non-originating materials used by: (a) another producer in the production of an originating material, which is acquired and used by the producer of the good in the production of such good; or (b) the producer of the good in the production of a self-produced originating material, which is designated by the producer as an intermediate material under Article 3-07.

Value of Materials. 1. The value of a material: (a) shall Shall be the transaction value of the material; or (b) in the event that there is no transaction value or the transaction value of the material is unacceptable under Article 1 of the Customs Valuation Code, shall be determined in accordance with the principles set out in Articles 2 through 7 of the Customs Valuation Code. 2. Where not included under subparagraph (aparagraphs 1(a) or (b) of paragraph 1), the value of a material shall include: (a) freightFreight, insurance, packing and all other costs incurred in transporting the material to the importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and (b) the cost of waste and spoilage resulting from the use of the material in the production of the good, less any costs recovered, provided the recovery does not exceed 30 per cent of the value of reusable scrap or by- productthe material, determined in accordance with paragraph 1. 3. The value Where the producer of a good buys a non-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, the value of the non-originating material shall not include freight, insurance, packing and all or any other costs cost incurred in transporting the material from the warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory location of the producer of the goodproducer. 4. For purposes of determining To calculate the regional value content under Article 36-04, except as provided in Article 6-15 (2), for a motor vehicle identified in Article 6-15 (3) or a component identified in Annex 6-15(2), the value of the non-originating materials used by the producer in the production of the a good shall not include the value of the non-originating materials used by: (a) another Another producer in the production of an originating material, which is acquired and used by the producer of the good in the production of such good; or (b) the producer of the good in the production of a self-produced an originating intermediate material, which is designated by the producer as an intermediate material under Article 3-07.

Value of Materials. 1. The value of a material: (a) shall be the transaction value of the material; or (b) in the event that there is no transaction value or the transaction value of the material is unacceptable under Article 1 of the Customs Valuation Code, shall be determined in accordance with the principles set out in Articles 2 through 7 of the Customs Valuation Code. 2. Where not included under subparagraph (a) or (b) of paragraph 1, the value of a material shall include: (a) freight, insurance, packing and all other costs incurred in transporting the material to the importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and (b) the cost of waste and spoilage resulting from the use of the material in the production of the good, less the value of reusable scrap or by- by-product. 3. The value of a non-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, freight, insurance, packing and all other costs incurred in transporting the material from the warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory of the producer of the good. 4. For purposes of determining the regional value content under Article 3-04, the value of non-non- originating materials used by the producer in the production of the good shall not include the value of the non-originating materials used by: (a) another producer in the production of an originating material, which is acquired and used by the producer of the good in the production of such good; or (b) the producer of the good in the production of a self-produced originating material, which is designated by the producer as an intermediate material under Article 3-07.

Value of Materials. 1. The value of a material: (a) shall be the transaction value of the material; or (b) in the event that where there is no transaction value or the transaction value of the material is unacceptable under Article 1 of the Customs Valuation Code, shall cannot be determined in accordance with the principles set out of Article 1 of the Customs Valuation Agreement, shall be calculated in accordance with the principles of Articles 2 through 7 of the Customs Valuation Codethat Agreement. 2. Where not included under subparagraph considered in subparagraphs 1 (a) or 1 (b) of paragraph 1), the value of a material shall include: (a) freight, insurance, packing costs and all other costs incurred in transporting the material to the port of importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; , and. (b) the cost costs of waste and spoilage scrap resulting from the use of the material in the production of the good, less any recovery of these costs, provided that the recovery does not exceed 30% of the value of reusable scrap or by- productthe material, determined in accordance with paragraph 1. 3. The Where the producer of the good acquires a non-originating material within the territory of the Party where it is located, the value of a the non-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, include: freight, insurance, packing costs and all other costs incurred in transporting the material from the supplier's warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory of the producer of the goodproducer's location. 4. For purposes of determining goods classified in headings 8701 through 8708, a producer may average the regional value content under Article 3-04of 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 value basis of non-originating materials used all goods produced by the producer in or only those goods that are exported to the production of the good shall not include the value of the non-originating materials used byother Party: (a) another producer in the production of an originating materialits fiscal year or period, which is acquired and used by the producer of the good in the production of such good; or. (b) the producer of the good in the production of a selfany monthly, bimonthly, quarterly, quarterly, four-produced originating materialmonthly, which is designated by the producer as an intermediate material under Article 3-07or semiannual period.

Value of Materials. 1. The value of a materialmaterial shall: (a) shall be the transaction value of the material; or (b) in the event that there is no transaction value or the transaction value of the material is unacceptable under Article 1 of the Customs Valuation Code, shall be determined in accordance with the principles set out in Articles 2 through 7 of the Customs Valuation Code. 2. Where not included under subparagraph paragraph 1 (a) or (b) of paragraph 1), the value of a material shall include: (a) freight, insurance, packing and all other costs incurred in transporting the material to from the port of importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and; (b) the cost of waste and spoilage resulting from the use of the material in the production of the good, less any costs recovered, provided the recovery does not exceed 30 per cent of the value of reusable scrap or by- productthe material, determined in accordance with paragraph 1. 3. The value Where the producer of a nongood buys anon-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, the value of the non-originating material shall not include freight, insurance, packing and all or any other costs cost incurred in transporting the material from the warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory location of the producer of the goodproducer. 4. For purposes of determining To calculate the regional value content under Article 34-04, the value of the non-originating materials used by the producer in the production of the a good shall not include the value of the non-originating materials used by: (a) another producer in the production of an originating material, which material that is acquired purchased and used by the producer of the good in the production of such goodits production; or (b) the producer of the good in the production of a self-produced manufactured originating material, which is designated by the producer as an intermediate material under in accordance with Article 34-07.

Value of Materials. 1. The value of a material: (a) shall be the transaction value of the material; or (b) in the event that where there is no transaction value or where the transaction value of the material is unacceptable under cannot be determined in accordance with the principles of Article 1 of the Customs Valuation Code, shall be determined calculated in accordance with the principles set out in of Articles 2 through 7 of the Customs Valuation that Code. 2. Where When not included considered under subparagraph (subparagraphs a) or (b) of paragraph 1, the value of a material shall include: (a) freight, insurance, packing costs, and all other costs incurred in transporting the material to the port of importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and (b) the cost of waste and spoilage scrap resulting from the use of the material in the production of the good, less any recovery of these costs, provided that the recovery does not exceed 30 per cent of the value of reusable scrap or by- productthe material, determined in accordance with paragraph 1. 3. The value Where the producer of a the good acquires the non-originating material shall not include where the producer acquires the material in within the territory of the Party where the producer it is located, the value of the material shall not include freight, insurance, packing costs and all other costs incurred in transporting the material from the supplier's warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory of the producer of the goodproducer's location. 4. For purposes of determining the calculating regional value content under pursuant to Article 35-04, except as provided in paragraph 2 of Article 5- 15, for a motor vehicle identified in paragraph 3 of Article 5-15, or a component identified in Annex 2 to Article 5-15, the value of non-originating materials used by the producer in the production of the a good shall not include the value of the non-non- originating materials used by: (a) another producer in the production of an originating material, which material that is acquired and used by the producer of the good in the production of such that good; or (b) the producer of the good in the production of a self-produced originating material, which material that is designated by the producer as an intermediate material under in accordance with Article 35-07.

Value of Materials. 1. The value of a material: (a) shall be is the transaction value of the material; or (b) in the event that there is no transaction value or the transaction value of the material is unacceptable under cannot be determined in accordance with paragraphs 5 and 6 of Article 1 6-04, it shall be calculated in accordance with the principles of Articles 2 through 5 of the Customs Valuation Code. If the value cannot be determined in accordance with any of Articles 2 to 5 of the Customs Valuation Code, shall be determined the producer or exporter may optionally choose to calculate the transaction value in accordance with the principles set out in of Articles 2 through 6 or 7 of the Customs Valuation Code. 2. Where When not included under subparagraph (considered in subparagraphs a) or (b) of paragraph 1, the value of a material shall include: (a) freight, insurance, packing costs and all other costs incurred in transporting the material to the port of importation port in the territory of the Party where the producer of the good is located, except as provided in paragraph 3; and (b) the cost of waste and spoilage scrap resulting from the use of the material in the production of the good, less any recovery of these costs, provided that the recovery does not exceed 30% of the value of reusable scrap or by- productthe material, determined in accordance with paragraph 1. 3. The When the producer of the good acquires a non-originating material within the territory of the Party where it is located, the value of a the non-originating material shall not include where the producer acquires the material in the territory of the Party where the producer is located, freight, insurance, packing costs and all other costs incurred in transporting the material from the supplier's warehouse of the supplier to the place where the producer is located; as well as any other known and ascertainable cost incurred in the territory of the producer of the good. 4. For purposes of determining calculating the regional value content under in accordance with Article 36-04, the value of non-originating materials used by the producer in the production of the a good shall not include the value of the non-originating materials used byby the producer in the production of the good: (a) another producer in the production of an originating material, which material that is acquired and used by the producer of the good in the production of such that good; or (b) the producer of the good in the production of a self-produced originating material, which material that is designated by the producer as an intermediate material under in accordance with Article 36-07.