Committee on Customs Valuation - Transitional Review under Article 18 of the Protocol of Accession of the People's Republic of China - Information Required in Annex 1A - Communication from the People's Republic of China
- China
- 2004/12/07
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World Trade
Organization G/VAL/W/142
28 October 2004
(04-4589) Committee on Customs Valuation Original: English
Transitional Review under Article 18 of the Protocol of
Accession of The People’s Republic of China
Information Required in Annex 1A
Communication from the People's Republic of China
The following communication, dated 21 October 2004, has been received from the Delegation of the People's Republic of China.
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(a) the use of valuation methods, other than the stated transaction value
I. Valuation legislation
The Regulations on Import and Export Tariff of the People’s Republic of China was amended by the State Council of the People’s Republic of China on October 29, 2003, and entered into force as of January 1, 2004. Some of the framework and expression regarding customs valuation in the Regulations has been restructured and revised, which is now completely consistent with the principles and procedures set fort