Common use of Value Test Clause in Contracts

Value Test. 1. Except as provided in paragraphs 2 and 3, where Annex 3-A specifies a value test to determine whether a good is originating, the good is originating provided that the value of non-originating materials used in the production of the good does not exceed a given percentage of the transaction value or ex-works price of the good as specified in Annex 3-A.

Appears in 6 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

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