GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
Example 1: FIFO method By applying the FIFO method, (1) the 200 units of Materials A received on 01/01/21 and valued at $1.05 per unit and 300 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $510 [(200 units × $1.05) + (300 units × $1.00)]; (2) 500 units of the remaining 700 units of Materials A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $500 (500 units × $1.00); (3) the remaining 200 units of the 1,000 units of Materials A received on 01/03/21 and valued at $1.00 per unit, the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit, and 300 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(200 units × $1.00) + (1,000 units × $1.10) + (300 units × $1.05)]; and (4) the remaining 700 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 800 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(700 units × $1.05) + (800 units × $1.10)].
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
By applying the FIFO method, (1) the 200 units of Materials A received on 01/01/21 and valued at $1.05 per unit and 300 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $510 [(200 units × $1.05) + (300 units × $1.00)]; (2) 500 units of the remaining 700 units of Materials A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $500 (500 units × $1.00); (3) the remaining 200 units of the 1,000 units of Materials A received on 01/03/21 and valued at $1.00 per unit, the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit, and 300 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(200 units × $1.00) + (1,000 units × $1.10) + (300 units × $1.05)]; and (4) the remaining 700 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 800 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(700 units × $1.05) + (800 units × $1.10)].
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(1) the 200 units of Materials A received on 01/01/21 and valued at $1.05 per unit and 300 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $510 [(200 units × $1.05) + (300 units × $1.00)];
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(2) 500 units of the remaining 700 units of Materials A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $500 (500 units × $1.00);
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(3) the remaining 200 units of the 1,000 units of Materials A received on 01/03/21 and valued at $1.00 per unit, the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit, and 300 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(200 units × $1.00) + (1,000 units × $1.10) + (300 units × $1.05)]; and
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(4) the remaining 700 units of the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 800 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,615 [(700 units × $1.05) + (800 units × $1.10)].
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
Example 2: LIFO method By applying the LIFO method, (1) 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of the non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10); (2) the remaining 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10); (3) the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 500 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,550 [(1,000 units × $1.05) + (500 units × $1.00)]; and (4) 1,500 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,650 (1,500 units × $1.10).
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
By applying the LIFO method, (1) 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of the non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10); (2) the remaining 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10); (3) the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 500 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,550 [(1,000 units × $1.05) + (500 units × $1.00)]; and (4) 1,500 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,650 (1,500 units × $1.10).
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(1) 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/08/21; therefore, the value of the non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10);
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(2) the remaining 500 units of the 1,000 units of Materials A received on 01/05/21 and valued at $1.10 per unit are considered to have been used in the production of the 500 units of Good A shipped on 01/09/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $550 (500 units × $1.10);
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(3) the 1,000 units of Materials A received on 01/10/21 and valued at $1.05 per unit and 500 units of the 1,000 units of Material A received on 01/03/21 and valued at $1.00 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/14/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,550 [(1,000 units × $1.05) + (500 units × $1.00)]; and
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(4) 1,500 units of the 2,000 units of Materials A received on 01/16/21 and valued at $1.10 per unit are considered to have been used in the production of the 1,500 units of Good A shipped on 01/18/21; therefore, the value of non-originating materials used in the production of those goods is considered to be $1,650 (1,500 units × $1.10).
CUSMA Rules of Origin Regulations — *
Example 3: Rolling average method The following table identifies the average value of non-originating Materials A as determined under the rolling average method. For the purposes of this example, a new average value of non-originating Materials A is calculated after each receipt. Materials Inventory Date (m/d/y) Quantity (units) Unit Cost* ($) Total Value ($) Beginning Inventory 01/01/21 200 1.05 210 Receipt 01/03/21 1,000 1.00 1,000 AVERAGE VALUE 1,200 1.008 1,210 Receipt 01/05/21 1,000 1.10 1,100 AVERAGE VALUE 2,200 1.05 2,310 Shipment 01/08/21 500 1.05 525 AVERAGE VALUE 1,700 1.05 1,785 Shipment 01/09/21 500 1.05 525 AVERAGE VALUE 1,200 1.05 1,260 Receipt 01/16/21 2,000 1.10 2,200 AVERAGE VALUE 3,200 1.08 3,460 * Unit cost is determined in accordance with section 8 of these Regulations. By applying the rolling average method, (1) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/08/21 is considered to be $525 (500 units × $1.05); and (2) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/09/21 is considered to be $525 (500 units × $1.05).
CUSMA Rules of Origin Regulations — *
The following table identifies the average value of non-originating Materials A as determined under the rolling average method. For the purposes of this example, a new average value of non-originating Materials A is calculated after each receipt. Materials Inventory Date (m/d/y) Quantity (units) Unit Cost* ($) Total Value ($) Beginning Inventory 01/01/21 200 1.05 210 Receipt 01/03/21 1,000 1.00 1,000 AVERAGE VALUE 1,200 1.008 1,210 Receipt 01/05/21 1,000 1.10 1,100 AVERAGE VALUE 2,200 1.05 2,310 Shipment 01/08/21 500 1.05 525 AVERAGE VALUE 1,700 1.05 1,785 Shipment 01/09/21 500 1.05 525 AVERAGE VALUE 1,200 1.05 1,260 Receipt 01/16/21 2,000 1.10 2,200 AVERAGE VALUE 3,200 1.08 3,460 * Unit cost is determined in accordance with section 8 of these Regulations.
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
By applying the rolling average method, (1) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/08/21 is considered to be $525 (500 units × $1.05); and (2) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/09/21 is considered to be $525 (500 units × $1.05).
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(1) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/08/21 is considered to be $525 (500 units × $1.05); and
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
(2) the value of non-originating materials used in the production of the 500 units of Good A shipped on 01/09/21 is considered to be $525 (500 units × $1.05).
CUSMA Rules of Origin Regulations — 1
1 The following definitions apply in this Part. average method means the method by which the origin of fungible materials withdrawn from materials inventory is based on the ratio, calculated under section 5, of originating materials and non-originating materials in materials inventory. ( méthode de la moyenne ) FIFO method means the method by which the origin of fungible materials first received in materials inventory is considered to be the origin of fungible materials first withdrawn from materials inventory. ( méthode PEPS ) LIFO method means the method by which the origin of fungible materials last received in materials inventory is considered to be the origin of fungible materials first withdrawn from materials inventory. ( méthode DEPS ) materials inventory means, (a) with respect to a producer of a good, an inventory of fungible materials that are used in the production of the good; and (b) with respect to a person from whom the producer of the good acquired those fungible materials, an inventory from which fungible materials are sold or otherwise transferred to the producer of the good. ( stock de matières ) opening inventory means the materials inventory at the time an inventory management method is chosen. ( stock d’ouverture ) origin identifier means any mark that identifies fungible materials as originating materials or non-originating materials. ( identificateur d’origine )
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
average method means the method by which the origin of fungible materials withdrawn from materials inventory is based on the ratio, calculated under section 5, of originating materials and non-originating materials in materials inventory. ( méthode de la moyenne )
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
FIFO method means the method by which the origin of fungible materials first received in materials inventory is considered to be the origin of fungible materials first withdrawn from materials inventory. ( méthode PEPS )
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
LIFO method means the method by which the origin of fungible materials last received in materials inventory is considered to be the origin of fungible materials first withdrawn from materials inventory. ( méthode DEPS )
CUSMA Rules of Origin Regulations — (a)
materials inventory means, (a) with respect to a producer of a good, an inventory of fungible materials that are used in the production of the good; and (b) with respect to a person from whom the producer of the good acquired those fungible materials, an inventory from which fungible materials are sold or otherwise transferred to the producer of the good. ( stock de matières )
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
opening inventory means the materials inventory at the time an inventory management method is chosen. ( stock d’ouverture )
CUSMA Rules of Origin Regulations — CUSMA Rules of Origin Regulations
origin identifier means any mark that identifies fungible materials as originating materials or non-originating materials. ( identificateur d’origine )
CUSMA Rules of Origin Regulations — 2
2 The following inventory management methods may be used for determining whether fungible materials referred to in paragraph 8 (18)(a) of these Regulations are originating materials: (a) specific identification method; (b) FIFO method; (c) LIFO method; and (d) average method.
CUSMA Rules of Origin Regulations — 3
3 A producer of a good, or a person from whom the producer acquired the fungible materials that are used in the production of the good, may choose only one of the inventory management methods referred to in section 2 and, if the average method is chosen, only one averaging period in each fiscal year of that producer or person in respect of the materials inventory.
CUSMA Rules of Origin Regulations — 4
4 (1) Except as otherwise provided under subsection (2), if the producer or person referred to in section 3 chooses the specific identification method, the producer or person must physically segregate, in materials inventory, originating materials that are fungible materials from non-originating materials that are fungible materials. (2) If originating materials or non-originating materials that are fungible materials are marked with an origin identifier, the producer or person need not physically segregate those materials under subsection (1) if the origin identifier remains visible throughout the production of the good.
CUSMA Rules of Origin Regulations — 5
5 If the producer or person referred to in section 3 chooses the average method, the origin of fungible materials withdrawn from materials inventory is determined on the basis of the ratio of originating materials and non-originating materials in materials inventory that is calculated under sections 6 to 8.
CUSMA Rules of Origin Regulations — 6
6 (1) Except as otherwise provided in sections 7 and 8, the ratio is calculated with respect to a one- or three-month period, at the choice of the producer or person, by dividing (a) the sum of (i) the total units of originating materials or non-originating materials that are fungible materials and that were in materials inventory at the beginning of the preceding one- or three-month period, and (ii) the total units of originating materials or non-originating materials that are fungible materials and that were received in materials inventory during that preceding one- or three-month period, by (b) the sum of (i) the total units of originating materials and non-originating materials that are fungible materials and that were in materials inventory at the beginning of the preceding one- or three-month period, and (ii) the total units of originating materials and non-originating materials that are fungible materials and that were received in materials inventory during that preceding one- or three-month period. (2) The ratio calculated with respect to a preceding one- or three-month period under subsection (1) is applied to the fungible materials remaining in materials inventory at the end of the preceding one- or three-month period.
CUSMA Rules of Origin Regulations — 7
7 (1) If the good is subject to a regional value content requirement and the regional value content is calculated under the net cost method and the producer or person chooses to average over a period under subsection 7 (15), 16 (1) or (10) of these Regulations, the ratio is calculated with respect to that period by dividing (a) the sum of (i) the total units of originating materials or non-originating materials that are fungible materials and that were in materials inventory at the beginning of the period, and (ii) the total units of originating materials or non-originating materials that are fungible materials and that were received in materials inventory during the period, by (b) the sum of (i) the total units of originating materials and non-originating materials that are fungible materials and that were in materials inventory at the beginning of the period, and (ii) the total units of originating materials and non-originating materials that are fungible materials and that were received in materials inventory during the period. (2) The ratio calculated with respect to a period under subsection (1) is applied to the fungible materials remaining in materials inventory at the end of the period.
CUSMA Rules of Origin Regulations — 8
8 (1) If the good is subject to a regional value content requirement and the regional value content is calculated under the transaction value method or the net cost method, the ratio is calculated with respect to each shipment of the good by dividing (a) the total units of originating materials or non-originating materials that are fungible materials and that were in materials inventory prior to the shipment, by (b) the total units of originating materials and non-originating materials that are fungible materials and that were in materials inventory prior to the shipment. (2) The ratio calculated with respect to a shipment of a good under subsection (1) is applied to the fungible materials remaining in materials inventory after the shipment.
CUSMA Rules of Origin Regulations — 9
9 (1) Except as otherwise provided under subsections (2) and (3), if the producer or person referred to in section 3 has fungible materials in opening inventory, the origin of those fungible materials is determined by (a) identifying, on the books of the producer or person, the latest receipts of fungible materials that add up to the amount of fungible materials in opening inventory; (b) determining the origin of the fungible materials that make up those receipts; and (c) considering the origin of those fungible materials to be the origin of the fungible materials in opening inventory. (2) If the producer or person chooses the specific identification method and has, in opening inventory, originating materials or non-originating materials that are fungible materials and that are marked with an origin identifier, the origin of those fungible materials is determined on the basis of the origin identifier. (3) The producer or person may consider all fungible materials in opening inventory to be non-originating materials.
CUSMA Rules of Origin Regulations — 10
10 The following definitions apply in this Part. average method means the method by which the origin of fungible goods withdrawn from finished goods inventory is based on the ratio, calculated under section 14, of originating goods and non-originating goods in finished goods inventory. ( méthode de la moyenne ) FIFO method means the method by which the origin of fungible goods first received in finished goods inventory is considered to be the origin of fungible goods first withdrawn from finished goods inventory. ( méthode PEPS ) finished goods inventory means an inventory from which fungible goods are sold or otherwise transferred to another person. ( stock de produits finis ) LIFO method means the method by which the origin of fungible goods last received in finished goods inventory is considered to be the origin of fungible goods first withdrawn from finished goods inventory. ( méthode DEPS ) opening inventory means the finished goods inventory at the time an inventory management method is chosen. ( stock d’ouverture ) origin identifier means any mark that identifies fungible goods as originating goods or non-originating goods. ( identificateur d’origine )