Commonwealth Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CUSTOMS (PACIFIC ISLANDS RULES OF ORIGIN) REGULATIONS 2018 (F2018L01602) - RULE 7

Value of goods that are non-originating materials

             (1)  For the purposes of subsection 153ZKL(2) of the Act, the value of non-originating materials used in the production of goods is:

                     (a)  for non-originating materials imported into the territory of a Party--the value of the non-originating materials worked out in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994; or

                     (b)  for non-originating materials acquired in the territory of a Party where the goods are produced--the earliest ascertainable price paid or payable for the non-originating materials in the territory of the Party.

             (2)  For the purposes of paragraph (1)(a), in working out the value of particular non-originating materials, the following must be included:

                     (a)  the cost of freight of the non-originating materials to the port or place of entry in the Party;

                     (b)  the cost of insurance related to that freight.

             (3)  For the purposes of paragraph (1)(a) or (b), in working out the value of particular non-originating materials, the following may be deducted:

                     (a)  the costs of freight, insurance, packing and all other costs incurred in transporting the non-originating materials, within or between the territories of the Parties, to the producer of the goods;

                     (b)  duties, taxes and customs brokerage fees on the non-originating materials that:

                              (i)  have been paid in the territory of one or more of the Parties; and

                             (ii)  have not been waived or refunded; and

                            (iii)  are not refundable or otherwise recoverable;

                            including any credit against duties or taxes that have been paid or that are payable;

                     (c)  the costs of waste and spoilage resulting from the use of the non-originating materials in the production of the goods, reduced by the value of reusable scrap or by-products;

                     (d)  the costs of processing incurred in the territory of one or more of the Parties in the production of the non-originating materials;

                     (e)  the costs of originating materials used or consumed in the production of the non-originating materials in the territory of one or more of the Parties.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback