notification under article 22 of the agreement

on implementation of article VII of the general

agreement on tariffs and trade 1994

South Africa

Reply from South Africa to questions posed by the United States regarding document G/VAL/W/271

The following submission, dated 12 October 2015, is being circulated at the request of the delegation of South Africa.

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Question from the United States on South Africa's notification G/VAL/N/1/ZAF/2: 

Chapter 7 (Valuation of Goods) of the Customs Duty Act No. 30 of 2014

Regarding Article 129.1(g), could South Africa please explain which provision of the CVA this Article implements?"

Answer:

South Africa is of the view that Article 129(1)(g) is in line with sub paragraph 1 of paragraph 2 of the Note to Article VII of the General Agreement on Tariffs and Trade 1994.

Under the heading:  "Valuation for Customs Purposes", the Note to Article VII, Paragraph 2 sub paragraph 1 states:

"It would be in conformity with Article VII to presume that "actual value" may be represented by the invoice price plus any non-included charges for legitimate costs which are proper elements of "actual value" and plus any abnormal discount or other reduction from the ordinary competitive price."

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