. /.RESTRICTEDWORLD TRADE
ORGANIZATIONG/VAL/W/94
18 February 2002
(02-0820)
Committee on Customs Valuation Original:  English
DRAFT SCHEDULE OF MEETINGS FOR 2002
ON IMPLEMENTATION-RELATED ISSUES
Following his informal consultations, the Chairman of the Committee proposes the following
draft schedule of meetings for 2002, to be discussed at the 26 February 2002 meeting of the
Committee.
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27-28 March 2002 : Informal followed by formal meeting on item A below with a focus on
sub-item 1.  If time remains, the Committee may address sub-item 2.
A. IMPLEMENTATION -RELATED ISSUES
1. Tirets from paragraph 7 of document Job(01)/152/Rev.1:
- Tiret 57 :  The addition of cost of services such as engineering, development, and design
work, which are supplied directly or indirectly by the buyer free of charge or at reduced cost
for the production of goods under import, shall be included in Article 8:1(b)(iv).
- Tiret 58 :  The residual method of determining customs value under Article 7 shall be
inclusive of all residual eventualities, thus allowing valuation based on domestic market price
or export price in a third country with appropriate adjustments.
- Tiret 59 :  The Agreement should be amended to provide for the highest value when more
than one transaction value of identical or similar goods is found.
- Tiret 60 :  Buying commissions should be taken into account in the determination of
customs value of imported goods as it forms a legitimate component of the landed cost of
imported goods.
- Tiret 61 :  Persons associated with each other as sole agents, sole distributors, and sole
concessionaires, howsoever described, should automatically be deemed "related".
2. Paragraph 8.3 of document WT/MIN/(01)/17:
8.3 Underlines the importance of strengthening cooperation between the customs
administrations of Members in the prevention of customs fraud.  In this regard, it is agreed
that, further to the 1994 Ministerial Decision Regarding Cases Where Customs
Administrations Have Reasons to Doubt the Truth or Accuracy of the Declared Value, when
the customs administration of an importing Member has reasonable grounds to doubt the truthor accuracy of the declared value, it may seek assistance from the customs administration of
an exporting Member on the value of the good concerned.  In such cases, the exporting
Member shall offer cooperation and assistance, consistent with its domestic laws and
procedures, including furnishing information on the export value of the good  concerned.  Any
information provided in this context shall be treated in accordance with Article 10 of theG/VAL/W/94
Page 2
Customs Valuation Agreement.  Furthermore, re cognizing the legitimate concerns expressed
by the customs administrations of several importing Members on the accuracy of the declared
value, the Committee on Customs Valuation is dire cted to identify and assess practical means
to address such concerns, including the exchange of information on export values and to
report to the General Council by the end of 2002 at the latest.
6 May 2002: Regular formal meeting of the Committee
7 May 2002 : Informal meeting followed by a formal meeting to continue the discussion of
implementation-related issues under item A of the above agenda.
3-4 July 2002 : Informal followed by formal meeting of the Committee to address item A
above.
References: WT/GC/M/56, 59, 62, 64, 67, and 70
G/VAL/M/17;  G/VAL/36;  WT/GC/49;  WT/L/384Job(01)/152/Rev.1;  WT/MIN/(01)/17;  WT/MIN/(01)/DEC/1
Tentative schedule of meetings for second half of 2002 on item A of the above agenda, to be reviewed
following the July 2002 meeting of the Committee
September 2002 : Informal meeting to continue discussion of item A and to exchange
views on the report to the General Council (paragraph 8.3) and on the
report to the Trade Negotiations Committee (tirets in paragraph 7).
October 2002 : Meeting to discuss draft reports.
5 November 2002 : Regular formal meeting of the Committee.
6 November 2002 : Meeting to discuss draft reports, if necessary.
November/December 2002 : Reports submitted to the respective bodies.
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