DECISION OF BOARD OF THE EURASIAN ECONOMIC COMMISSION

of December 20, 2012 No. 283

About application of method of determination of customs value of goods at the cost of the transaction with imported goods (method 1)

According to Item 3 of article 1 of the Agreement on determination of customs value of the goods moved through customs border of the Customs union of January 25, 2008 Board of the Eurasian economic commission solved:

1. Approve the enclosed Rules of application of method of determination of customs value of goods at the cost of the transaction with imported goods (method 1).

2. This Decision becomes effective after 30 calendar days from the date of its official publication.

Approved by the Decision of Board of the Eurasian economic commission of December 20, 2012 No. 283

Rules of application of method of determination of customs value of goods at the cost of the transaction with imported goods (method 1)

I. General provisions

1. These rules are used in case of application of method of determination of customs value of goods at the cost of the transaction with imported goods (method 1), stipulated in Clause 4 Agreements on determination of customs value of the goods moved through customs border of the Customs union of January 25, 2008 (further - the Agreement).

2. These rules are developed on the basis of provisions of the Agreement, Agreement on application of article VII of the General Agreement on Tariffs and Trade of 1994, including Explanatory notes to it, and also materials of Technical committee on customs valuation of World Customs Organization for the purpose of ensuring uniform application of method 1.

3. Customs value of the goods imported on single customs area of the Customs union (further - customs area of the Customs union), according to Item 1 of article 4 of the Agreement is the cost of the transaction, that is the price which are actually paid or subject to payment for these goods in case of their sale for export on customs area of the Customs union and added according to article 5 of the Agreement in case of accomplishment of conditions, stipulated in Item 1 article 4 of the Agreement.

The sales of goods for export on customs area of the Customs union mean that goods are purchase and sale subject according to the external economic agreement (contract) (further - the transaction of purchase and sale).

3.1. In case of determination of customs value of goods at the cost of the transaction with imported goods in value, stipulated in Item 1 article 4 of the Agreement, it is necessary to recognize that the transaction is understood as set of the different transactions performed according to such agreement types (agreements) as the external economic agreement (contract) according to which goods are on sale for export on customs area of the Customs union, the agreement of international delivery (transportation) of goods, the license agreement and others. Thus, the cost of the transaction shall join the corresponding cost indicators on each of agreements based on which commodity importation on customs area of the Customs union was performed that is as it is direct according to the transaction of purchase and sale (the price which is actually paid or subject to payment for imported goods), and on other agreements under which expenses join in customs value of goods according to article 5 of the Agreement (for example, shipping charges (transportation) of goods, expenses on insurance, license fees and so forth).

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