Status of notifications of national
legislation on
customs valuation and responses to the
checklist of issues
Note by the Secretariat[1]
Revision
1. Paragraph 2 of Article 22
of the Agreement on Customs Valuation (the Agreement) provides that Members
shall inform the Committee of any changes in its laws and regulations relevant
to the Agreement and in the administration of such laws and regulations. In addition, Paragraph i) of the
"Decision on Notification and circulation of national legislation in
accordance with Article 22 of the Agreement"[2] requires Members to submit the
complete texts of their national legislation (laws, regulations, etc.) on
customs valuation in one of the three official WTO languages. Finally, the Committee on Customs Valuation
agreed that Members should respond in writing to the points contained in the
checklist of issues.[3]
[1] This document has been prepared under the Secretariat's own
responsibility and is without prejudice to the positions of Members or to their
rights and obligations under the WTO.
[2] Section B.2 of document G/VAL/5. Paragraph
iii) of the same Decision provides that WTO Members who were signatories of the
Tokyo Round Code on Customs Valuation, and whose legislation had already been
examined, a communication from those Members could be sent to the WTO
Secretariat indicating that legislation notified under the Tokyo Round Customs
Valuation Agreement remained valid under the WTO Customs Valuation Agreement
with a specific reference to the document containing the legislation. See column 2 of the Annex.
[3] Section B.3 and Annex of document G/VAL/5.