Value of non-originating materials. The value of a material used in the production of a good shall: (a) be the transaction value of the material determined in accordance with Article 1 of the Customs Valuation Agreement; (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 Agreement, be determined in accordance with Articles 2 through 7 of the Customs Valuation Agreement; (c) where not covered under subparagraph (a) or (b), include freight, insurance, packing and all other costs incurred in transporting the material to the place of importation; or (d) in the case of a domestic transaction, be determined in accordance with the principles of the Customs Valuation Agreement in the same manner as an international transaction, with such adjustments as may be required by the circumstances.
Appears in 10 contracts
Samples: Cooperation Agreement, Cooperation Agreement, Cooperation Agreement
