WTO Agreement on Customs Valuation definition

WTO Agreement on Customs Valuation means the Agreement on the Implementation of Article VII of the General Agreement on Tariff and Trade, 1994.
Sample 1Sample 2Sample 3
WTO Agreement on Customs Valuation means the Agreement on the Implementation of Article VII of the General Agreement on Tariff and Trade, 1994. ARTICLE 4.2 ‌‌‌
Sample 1

Examples of WTO Agreement on Customs Valuation in a sentence

  • The purpose of the Agreement on the Implementation of GATT Article VII (known as the WTO Agreement on Customs Valuation, referred to herein as the “Valuation Agreement”) is to ensure that determinations of the customs value for the application of duty rates to imported goods are conducted in a neutral and uniform manner, precluding the use of arbitrary or fictitious customs values.

  • The boundary to boundary design of the garages is not considered to be in keeping with the character of side setbacks.Secluded private open spaces are provided to the rear of the lot which is responsive the neighbouring backyards.The neighbourhood character policy also recommends that car parking facilities should not dominate the streetscape.The provision of the two crossovers and driveways to the street creates additional hard surfaced areas in the front setbacks which cannot be landscaped.

  • The Agreement on Implementation of Article VII of the GATT 1994 ("WTO Agreement on Customs Valuation") shall govern customs valuation rules applied to trade covered by this Agreement.

  • The value of a material used in production of a good in a Party shall be the Cost, Insurance and Freight (CIF) value and shall be determined in accordance with Article VII of the GATT 1994 and the WTO Agreement on Customs Valuation, or, if this is not known and cannot be ascertained, the first ascertainable price known by the manufacturer to have been paid for the material in the Party.

  • The quantity of leaked liquid, which contained about 20 tonnes of uranium and plutonium fuel, was enough to half fill an Olympic-size swimming pool (Brown 2005).

  • The key elements of this include:• Adoption of the principles of the Revised Kyoto Convention known more formally as the on International Convention on the Simplification and Harmonization of Customs Procedures, which define international best practice in a range of areas.• The adoption of the WTO Agreement on Customs Valuation (implementation has already commenced)• Acceptance of electronic customs declarations• Provision for sanctions against corrupt customs staff.

  • Since the adoption of Article VII (Valuation for Customs Purposes) of the GATT 1947, a series of agreements have led to a standardization of the customs approach to valuation, culminating in the Agreement on Implementation of Article VII of the GATT 1994 (WTO Agreement on Customs Valuation).

  • The Kosovo code lays out a primary and five alternative valuation methods in line with those prescribed by the World Trade Organization’s (WTO) Agreement on Customs Valuation (ACV; De Wulf and Sokol 2005).

  • In January 2004, Rwanda adopted the transaction value method for customs valuation and applies procedures consistent with the WTO Agreement on Customs Valuation (ACV).

  • Achieving universal adherence to the WTO Agreement on Customs Valuation has been a longstanding and important objective of the United States, dating back more than twenty years.

Related to WTO Agreement on Customs Valuation

  • 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 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);

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

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Currency Valuation Notice means a notice given by the Required Multicurrency Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure. The Administrative Agent shall not be required to make more than one valuation determination pursuant to Currency Valuation Notices within any rolling three month period.

  • Actuarial valuation means a mathematical determination of

  • Independent Valuation has the meaning set forth in Section 1.68(d).

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Company Valuation means $135,000,000.

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • ST Valuation Date means the Redemption Valuation Date.

  • 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;

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

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

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • 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;

  • 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.

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

  • Excess valuation assets for a valuation period means:

  • customs airport means any airport declared under section 9 to be a customs- airport;

  • Forward Hedge Selling Commission Rate means, for any Forward Contract, a rate mutually agreed to between the Company, the Forward Seller and the Forward Purchaser and recorded in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), up to 2.0%.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.