Common use of Value Test Clause in Contracts

Value Test. 1. Except as provided in paragraph 2, where the applicable rule of origin in Annex 301 for the tariff provision under which a good is classified specifies a value test, the value test shall be satisfied provided the value of non-originating materials used in the production of the good does not exceed a given percentage of the transaction value of the good.

Value Test. 1. Except as provided in paragraph 2, where the applicable rule of origin in Annex 301 for the tariff provision under which a good is classified specifies a value test, the value test shall be satisfied provided the value of non-originating materials used in the production of the good does not exceed a given the percentage of the transaction value of the good set out in the rule of origin applicable to that good.

Value Test. 1. Except as provided in paragraph 2, where the applicable rule of origin in Annex 301 3.02 for the tariff provision under which a good is classified specifies a value test, the value test shall be is satisfied provided the value of all non-originating materials material used in the production of the good does not exceed the percentage specified in Annex 3.02 of the transaction value of the good under the following formula: Value of non-originating material used in the production of the good as a given percentage of the transaction value of the good.good = Value of Non-Originating Material x 100 Transaction Value of the Good

Value Test. • 1. Except as provided in paragraph 2, where the applicable rule of origin in Annex 301 Annex3.02 for the tariff provision under which a good is classified specifies a value test, the value test shall be is satisfied provided the value of all non-originating materials material used in the production of the good does not exceed the percentage specified in Annex 3.02 of the transaction value of the good under the following formula: Value of non-originating material used in the production of the good as a given percentage of the transaction value of the good.good = Value of Non-Originating Material x 100 Transaction Value of the Good

Value Test. 1. Except as provided in paragraph 2, where the applicable rule of origin in Annex 301 4-1 for the tariff provision under which a good is classified specifies a value test, the value test shall be satisfied provided the value of non-originating materials used in the production of the good does not exceed a given percentage of the transaction value of the good.