Customs Valuation Agreement definition

Customs Valuation Agreement means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 contained in Annex 1A of the WTO Agreement;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of GATT 1994 in Annex 1A to the WTO Agreement;

Examples of Customs Valuation Agreement in a sentence

• The Parties shall determine the customs value of goods traded between them in accordance with the provisions of Article VII of GATT 1994 and the Customs Valuation Agreement.

• If such value does not exist or cannot be determined, pursuant to the principles of Article 1 of the Customs Valuation Agreement, it shall be calculated pursuant to that Agreement.

• If no such value exists or cannot be determined, pursuant to the principles of Article 1 of the Customs Valuation Agreement, it shall be calculated pursuant to the principles of Articles 2 to 7 of that Agreement; and VNM is the transaction value of the non-originating materials, when they were first acquired or supplied to the producer of the goods, adjusted on a CIF basis, except as provided in Paragraph 4.

• The Regional Value Content (RVC) of a good shall be calculated on the basis of following method RVC = V-VNM / V x 100% where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.

• Each Party shall determine the customs value of goods of the other Party imported into their territory in accordance with Article VII of the GATT 1994 and the Customs Valuation Agreement.

More Definitions of Customs Valuation Agreement

Customs Valuation Agreement means the Agreement on Implementation of Article VII of GATT 1994 contained in Annex 1A to the WTO Agreement;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of the GATT 1994, contained in Annex 1A to the WTO Agreement; day means calendar day, including weekends and holidays; DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes, contained in Annex 2 to the WTO Agreement; enterprise means any entity constituted or organised under applicable law, whether or not for profit, and whether privately or publicly-owned or controlled, including any corporation, trust, partnership, sole proprietorship, joint venture, or similar organisation; existing means in effect on the date of entry into force of this Agreement; GATT 1994 means the General Agreement on Tariffs and Trade 1994, contained in Annex 1A to the WTO Agreement; good of a Party means a domestic good as it is understood under the GATT 1994 or such a good as the Parties may decide, and includes an originating good of a Party; GPA means the Agreement on Government Procurement contained in Annex 4 to the WTO Agreement, as amended by the Protocol Amending the Agreement on Government Procurement, done at Geneva on 30 March 2012; Harmonized System (HS) means the Harmonized Commodity Description and Coding System, including all legal notes and amendments thereto developed by the WCO; legitimate objective has the same meaning as under Article 2.2 of the TBT Agreement; measure includes a law, regulation, rule, procedure, decision, administrative action, requirement, practice or any other form of measure by a Party; originating has the meaning given in the Protocol on Rules of Origin and Origin Procedures; person unless the context otherwise requires, includes natural and legal persons; Safeguards Agreement means the Agreement on Safeguards, contained in Annex 1A to the WTO Agreement; Sanitary or phytosanitary measure means any measure referred to in paragraph 1 of Annex A to the SPS Agreement; SCM Agreement means the Agreement on Subsidies and Countervailing Measures, contained in Annex 1A to the WTO Agreement;

Customs Valuation Agreement means the WTO Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994; days means calendar days, including weekends and holidays; Dispute Settlement Understanding (DSU) means the WTO Understanding on Rules and Procedures Governing the Settlement of Disputes; enterprise means any entity constituted or organized under applicable law, whether or not for profit, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, sole proprietorship, joint venture or other association; existing means in effect on the date of entry into force of this Agreement; GATS means the WTO General Agreement on Trade in Services; GATT 1994 means the WTO General Agreement on Tariffs and Trade 1994; goods of a Party means domestic products as these are understood in the GATT 1994 or such goods as the Parties may agree, and includes originating goods of that Party; Harmonized System (HS) means the Harmonized Commodity Description and Coding System, including its General Rules of Interpretation, Section Notes, Chapter Notes and subheading notes; heading means any four-digit number, or the first four digits of any number, used in the nomenclature of the Harmonized System; measure includes any law, regulation, procedure, requirement or practice; national means a natural person who has the nationality of a Party or is a citizen according to Article 107, or is a permanent resident of a Party; originating means qualifying under the rules of origin set out in Chapter Three (Rules of Origin); person means a natural person or an enterprise; person of a Party means a national, or an enterprise of a Party; preferential tariff treatment means the application of the respective duty rate under this Agreement pursuant to the tariff elimination schedule to an originating good; sanitary or phytosanitary measure means any measure referred to in Annex A, paragraph 1 of the SPS Agreement; SPS Agreement means the WTO Agreement on the Application of Sanitary and Phytosanitary Measures;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994, which is part of the WTO Agreement. and;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of GATT 1994;

Customs Valuation Agreement means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994, contained in Annex 1A to the Marrakesh Agreement Establishing the World Trade Organization 1994;

Customs Valuation Agreement means the Agreement on Implementation of Article VII ofthe General Agreement on Tariffs and Trade 1994, which is part of the Marrakesh Agreement Establishing the World Trade Organization.