Regional Value Content. 1. Subject to Paragraphs 2 to 4 of this Article and Article 404, where Annex 4.1 requires goods to have a regional value content, the regional value content of particular goods shall be calculated as follows: x 100 where:
Regional Value Content. Where Annex 3A refers to a regional value content, each Party shall provide that the regional value content of a good shall be calculated on the basis of one of the following methods:
(a) Build-down Method RVC = AV - VNM x 100 AV where RVC is the regional value content, expressed as a percentage; AV is the adjusted value, and VNM is the value of non-originating materials that are acquired and used by the producer in the production of the good.
(b) Build-up Method RVC = VOM x 100 AV where RVC is the regional value content, expressed as a percentage; AV is the adjusted value; and VOM is the value of originating materials that are acquired or self-produced, and used by the producer in the production of the good.
Regional Value Content. 1. Except as provided in paragraph 6, each Party shall provide that the regional value content of a good shall be calculated, at the choice of the importer, exporter, or producer of the good, on the basis of either the transaction value method set out in paragraph 2 or the net cost method set out in paragraph 3.
2. Each Party shall provide that an importer, exporter, or producer may calculate the regional value content of a good on the basis of the following transaction value method: RVC = (TV-VNM)/TV x 100 where RVC is the regional value content, expressed as a percentage; TV is the transaction value of the good, adjusted to exclude any costs incurred in the international shipment of the good; and VNM is the value of non-originating materials including materials of undetermined origin used by the producer in the production of the good.
3. Each Party shall provide that an importer, exporter, or producer may calculate the regional value content of a good on the basis of the following net cost method: RVC = (NC-VNM)/NC x 100 where RVC is the regional value content, expressed as a percentage; NC is the net cost of the good; and VNM is the value of non-originating materials including materials of undetermined origin used by the producer in the production of the good.
4. Each Party shall provide that the value of non-originating materials used by the producer in the production of a good shall not, for the purposes of calculating the regional value content of the good under paragraph 2 or 3, include the value of non- originating materials used to produce originating materials that are subsequently used in the production of the good.
5. Each Party shall provide that if a non-originating material is used in the production of a good, the following may be counted as originating content for the purpose of determining whether the good meets a regional value content requirement:
(a) the value of processing of the non-originating materials undertaken in the territory of one or more of the Parties; and
(b) the value of any originating material used in the production of the non-originating material undertaken in the territory of one or more of the Parties.
6. Each Party shall provide that an importer, exporter, or producer shall calculate the regional value content of a good solely on the basis of the net cost method set out in paragraph 3 if the rule under the Annex 4-B (Product-Specific Rules of Origin) does not provide a rule based on the transaction value method.
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Regional Value Content. For the purposes of Article 4.2 where Annex 4-C requires a good to meet a regional value content requirement, the regional value content of that good shall be calculated using the following method: Build-down Method RVC = AV - VNM ---------------- AV x 100 where: RVC is the regional value content of the good, expressed as a percentage; AV is the adjusted value as defined in Article 4.1(a), and VNM is the value of non-originating materials that are acquired and used by the producer in the production of the good. VNM includes material of undetermined origin but does not include the value of a material that is self-produced.
Regional Value Content. Except as provided in subdivision (c)(iv) of this note, the regional value content of a good shall be calculated, at the choice of the exporter or producer of such good, on the basis of either the transaction value method set out in subdivision (c)(i) or the net cost method set out in subdivision (c)(ii).
Regional Value Content. 1. The Regional Value Content (RVC) criterion shall be calculated as follows: where: V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and
2. The value of the non-originating materials shall be:
(a) the value of the materials, as defined in the Customs Valuation Agreement, adjusted on a CIF basis; or
(b) the earliest ascertained price paid or payable for the non-originating materials in a Party where the working or processing takes place. When the producer of a product acquires non-originating materials within that Party, the value of such materials shall not include freight, insurance, packing costs, and any other costs incurred in transporting the material from the supplier’s warehouse to the producer’s location.
3. The value of the non-originating materials used by the producer in the production of a product shall not include, for the purposes of calculating the regional value content of the product, pursuant to paragraph 1, the value of non-originating materials used to produce originating materials that are subsequently used in the production of the product.
Regional Value Content. 1. Each Party shall provide that a regional value content requirement specified in this Chapter, including related Annexes, to determine whether a good is originating, is calculated as follows:
(a) Build-down Method: Based on Value of Non-Originating Materials RVC = Value of the Good — VNM x 100 Value of the Good or
(b) Build-up Method: Based on Value of Originating Materials RVC = VOM x 100 Value of the Good where:
Regional Value Content. 1, Where the Regional Value Content (RVC) is referred to in Annex I (Product Specific Rules of Origin), the RVC shall be calculated as follows: RVC = V—VNM x 100 V where:
Regional Value Content. 1. Where Annex 2 (Product Specific Rules Schedule) refers to a regional value content requirement, the regional value content of that good shall be calculated using one of the following methods: RVC = V-VNM x 100 V or Build-up Method RVC = VOM x 100 V where:
(a) RVC is the regional value content, expressed as a percentage; V is the value of the good, as provided in paragraph 2;
(b) VNM is the value of non-originating material, as provided in paragraph 3, including materials of undetermined origin as provided in Article 3.12 (Calculation of the Value of a Good or Material); and
(c) VOM is the value of originating material that is acquired or self- produced, and used or consumed by the producer in the production of the good as provided in Article 3.12 (Calculation of the Value of a Good or Material).
2. The value of a good referred to in paragraph 1 shall be:
(a) for goods to be exported, the FOB value of the good determined pursuant to the Customs Valuation Agreement; or
(b) for goods acquired within the territory of the Party, where the good is produced, the earliest ascertainable price paid or payable for the good, determined for domestic transactions pursuant to the Customs Valuation Agreement, mutatis mutandis.
3. The value of non-originating materials or materials of undetermined origin referred to in paragraph 1 shall be:
(a) for imported materials, the CIF value of the material, determined pursuant to the Customs Valuation Agreement; or
(b) for materials acquired within the territory of the Party where the good is produced, the earliest ascertainable price paid or payable for the non- originating materials in the territory of that Party, determined for domestic transactions pursuant to the Customs Valuation Agreement, mutatis mutandis.
Regional Value Content. 1. Where Annex 5 refers to a Regional Value Content (“RVC”), the RVC shall be calculated as follows: RVC = x 100 where:
2. The value of the non-originating materials shall be:
(a) the CIF value at the time of importation of the material; or
(b) the earliest ascertained price paid or payable for the non-originating materials in the territory of the Party where the working or processing takes place. When the producer of a good acquires non- originating materials within that Party the value of such materials shall not include freight, insurance, packing costs, and any other costs incurred in transporting the material from the supplier’s warehouse to the producer’s location.
3. Both the FOB and CIF values referred to above shall be determined pursuant to the Customs Valuation Agreement.
