Customs Valuation Code definition

Customs Valuation Code means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement, as may be amended, including its interpretative notes;
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Customs Valuation Code. ’ means the Agreement on
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Customs Valuation Code means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 set out in Annex 1A of the Final Act Embodying the Results of the Uruguay Round of Multilateral Trade Negotiations. (Code de la valeur en douane)
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Examples of Customs Valuation Code in a sentence

  • Customs Valuation Encyclopedia (with updates) is comprised of relevant statutory provisions, CBP Regulations implementing the statute, portions of the Customs Valuation Code, judicial precedent, and administrative rulings involving application of valuation law.

  • The Parties agree that they will not make use in their reciprocal trade of the options and reservations permitted under Article 20 and paragraphs 2, 3 and 4 of Annex III of the Customs Valuation Code.

  • The Customs Valuation Code shall govern the customs valuation rules applied by the Parties to their reciprocal trade.

  • The term ‘‘identical or similar goods’’ means ‘‘identical goods’’ and ‘‘similar goods’’, respec- tively, as defined in the Customs Valuation Code.

  • For purposes of this definition, the seller referred to in the Customs Valuation Code shall be the producer of the good; transaction value of a material means the price actually paid or payable for a material with respect to a transaction of the producer of the good, pursuant to the principles of Article 1 of the Customs Valuation Code, adjusted in accordance with the principles of paragraphs 1, 3 and 4 of Article 8 of the said Code, regardless of whether the material is sold for export.

  • For purposes of this definition, the seller referred to in the Customs Valuation Code shall be the supplier of the material, and the buyer referred to in the Customs Valuation Code shall be the producer of the good; and used means used or consumed in the production of goods.

  • A customs valuation system established pursuant to the Customs Valuation Code (or GATT Valuation Code) negotiated during the Tokyo Round of the General Agreement on Tariffs and Trade.

  • Customs Valuation Encyclopedia (with updates) is comprised of relevant statutory provisions, Customs Regulations implementing the statute, portions of the Customs Valuation Code, judicial precedent, and administrative rulings involving application of valuation law.

  • According to the authorities, the law follows the principles of the GATT Customs Valuation Code.

  • Under the Act, the transaction value is used, in principle, for the valuation of goods, failing which the methods described in the GATT Customs Valuation Code are followed in the order prescribed.


More Definitions of Customs Valuation Code

Customs Valuation Code means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 under the Final Act Embodying the Results of the Uruguay Round of Multilateral Trade Negotiations; direct shipment means transporting or conveying a good from one Party to the other Party on a through bill of lading to a consignee in that other Party; fungible goods or materials means goods or materials that are interchangeable for commercial purposes with other goods or materials, as the case may be, and the properties of which are essentially identical; good is wholly obtained or produced entirely in the territory of one or both of the Parties means:
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Related to Customs Valuation Code

  • customs value means the value as determined in accordance with the 1994 Agreement on implementation of Article VII of the General Agreement on Tariffs and Trade (WTO Agreement on customs valuation);

  • Distribution Code means the Distribution Code required to be preparedby the Board pursuant to Section 33 of the Act, and approved by the Commission, as from time to time revised, amended, supplemented or replaced with the approval or at the instance of the Commission;

  • 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;

  • standard industrial classification code or "SIC code" means a series of four-digit codes devised by the office of management and budget (OMB) of the federal government to classify establishments according to the type of economic activity in which they are engaged.

  • customs area means the area of a customs station and includes any area in which imported goods or export goods are ordinarily kept before clearance by customs authorities;

  • Credit Reference Bureau means a credit reference bureau duly licensed under the Banking Act pursuant to the Banking (Credit Reference Bureau) Regulations, 2013, as amended, revised or promulgated from time to time, to inter alia, collect and facilitate the sharing of customer credit information;

  • Cremation chamber means the enclosed space within which the cremation takes place.

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • H.15(519) means the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Supplementary Cardmember means a person who has been nominated by the Cardmember to be issued with an additional Card on the Account and is also covered by the insurance benefits included with the Card.

  • CCN means a contract change notice.

  • Winning Numbers means the game results selected during a Drawing which shall be used to determine winning Plays contained on game ticket or ticketless transaction.

  • Supplementary Card means a Card issued by the Bank subject to this Agreement to a Supplementary Cardholder nominated by the Principal Cardholder and at the joint request of the Principal Cardholder and such Supplementary Cardholder; and

  • ISIN means International Securities Identification Number, being the identification number of the Bonds.

  • SPS Valuation Date means the SPS Redemption Valuation Date or the Strike Date, as applicable.

  • customs duty means any customs or import duty and a charge of any kind, imposed in connection with the importation of a good, but does not include any:

  • Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.