Article VII of the GATT 1947

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:Article_of_international_agreement
gptkbp:adoptedBy 1947
Contracting Parties to the GATT
gptkbp:appliesTo International trade in goods
gptkbp:implementedIn National customs authorities
gptkbp:influenced Customs Valuation Agreement (WTO)
gptkbp:partOf gptkb:GATT_1947
gptkbp:principle Prohibits arbitrary or fictitious customs values
Customs value should be based on actual value of imported goods
Valuation should reflect price at which goods are sold in open market
gptkbp:purpose Establishes rules for customs valuation of imported goods
gptkbp:replacedBy Agreement on Implementation of Article VII of the GATT 1994 (Customs Valuation Agreement)
gptkbp:title Valuation for Customs Purposes
gptkbp:bfsParent gptkb:Agreement_on_Implementation_of_Article_VII_of_the_GATT_1994
gptkbp:bfsLayer 8
https://www.w3.org/2000/01/rdf-schema#label Article VII of the GATT 1947

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