RESTRICTED  
  
WT/ACC/SYC/15/Rev.2  
 
8 September 2014  
(14-5065)  Page: 1/4  
Working Party on the 
Accession of the Republic of Seychelles  Original: English  
  
  ACCESSION OF SEYCHELLES 
INFORMATION ON IMPLEMENTATION AND ADMINISTRATION OF THE AGREEMENT ON 
IMPLEMENTATION OF ARTICLE VII OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE 1994 
(CUSTOMS VALUAT ION AGREEMENT) 
 
Revision 
 The following submission, dated 3 September 2014, is being circulated at the request 
of the Delegation of the Republic of Seychelles. 
 
 
_______________ WT/ACC/SYC/15/Rev.2 
 
- 2 - 
 
   
Information on the Implementation of the Customs Valuation Agreement 
Seychelles would like to confirm that it is implementing the WTO customs valuation system as of 
2 June 2014. The valuation method as stipulated in the WTO Customs Valuation Agreement is 
contained in the consolidated "Customs Manageme nt Regulations, 2014" (S.I. 42 of 2014, notified 
in WT/ACC/SYC/59) under the "Customs Management Act 2011", specifically regulations 3 to 17.  
  
  
  WT/ACC/SYC/15/Rev.2  
 
- 3 - Agreement on the GATT Value Actions to be developed, including 
law proposals and regulations on 
specific topics Timetable conclusion Remarks Status 
The Customs Management Act (CMA) 
will incorporate the GATT valuation as a regulation. The Customs Management Act (CMA) 
will be in full conformity with the WTO requisites by the da te of Seychelles' 
accession. July 2013 Legislative Action Plan 
includes the CMA timetable. Done through Regulations. 
The Customs Management Act (CMA) Seminars and workshops on  the CMA.   By fourth quarter 2011 Done in August 2012. 
Adaptation and familiarizations of the 
CMA, by the user. By fourth quarter 2011 Done. 
Evaluation of the implementation of the 
CMA. Fourth quarter 2012 Done. 
Adaptation to the WTO valuation system. Workshops, seminars functionaries study 
and training visits. Fourth quarter 2011- 
first quarter 2013 Requires technical 
assistance. Some activities have been 
done.  However, some essential activities remain to be done. 
Creation of a technologic information base including a data base on risk evaluation. Data base of the evaluation of risks (risk 
assessment) is fundamental to the implementation of the WTO Agreement of Value. November 2014, and no 
later than, upon 
accession The automatic information 
collection has to be updated with the ASYCUDA World Information System. Ongoing – to be completed 
upon accession. 
Training courses on the GATT Agreement on Value. Seminar/Workshop on the principles of 
the GATT/WTO Agreement of Value. July 2013 Requires technical 
assistance. Done – May 2012 and 
October 2012. 
Article 1 - Transactional value of imported merchandise. Implementation and regulations. July 2013  Draft Regulations been 
developed and submitted to 
Attorney General's Office for 
approval. Article 2 - Transactional value of identical merchandise. Implementation and regulations. July 2013 
Article 3 - Transactional value of similar 
merchandise. Implementation and regulations. July 2013 
Article 4 - Inverse application of the 
deductive and the ca lculated methods. Implementation and regulations. July 2013 
Article 5 - Deductive Value. Implementation and regulations. July 2013 
Article 6 - Calculated Value. Implementation and regulations. July 2013 
Article 8 - Adjustment to the 
transactional value of imported merchandise. Implementation and regulations. July 2013 
Article 9 - Currency conversion1 Implementation and regulations. July 2013 
Article 10 - Confidential information. Implementation and regulations. July 2013 
Article 11 - Importer's right to appeal the 
determination of Customs Value by the Customs. Implementation and regulations. July 2013 
Article 12 - Publication of relevant laws 
and regulations. Implementation and regulations. July 2013 
Article 13 - Guarante es for clearing 
merchandise. Implementation and regulations. July 2013 
Article 14 - Establishes that the Annexes 
I, II and III are integral parts of the 
Agreement. Implementation and regulations. July 2013 
                                               
1 Requisites pertaining to concurrency sh all be incorporated in the CMA, rather than being in a specific provision.  
  WT/ACC/SYC/15/Rev.2  
 
- 4 - Agreement on the GATT Value Actions to be developed, including 
law proposals and regulations on 
specific topics Timetable conclusion Remarks Status 
Article 15 - Definition of expressions 
utilized in the determination of Customs Value. Implementation and regulations. July 2013 
Article 16 - Importer's right to a written 
explanation from the Customs authorities 
on the determination of Customs Value. Implementation and regulations. July 2013 
Article 17 - Customs right to question the 
veracity or exactness of any affirmation, document or declaration presented for the purpose of determining the Customs Value. Implementation and regulations. July 2013 
Technical training on determination of 
Customs value. Course to train trainers for selected 
Customs functionaries identified as having the capacity to teach. October 2012 Requires technical 
assistance. Done – May 2012 and 
October 2012. 
Creation of a technical information system including a reference data base on the value of identical or similar goods. The data base for the evaluation of 
identical or similar merchandise is vital to implementation of identical and similar merchandise transactional value (methods 2 and 3 applied sequentially). Upon accession  Technical assistance 
ongoing. Ongoing – to be completed 
upon accession.  
Training on risk evaluation. Workshops/seminars presented by 
specialists in "risk evaluation". Upon accession Technical assistance 
ongoing. Ongoing – to be completed 
upon accession. 
Training on post declaration or post dispatch auditing
2 Workshops/seminars on post declaration 
or post dispatch audits. Upon accession Requires technical 
assistance. 
  Full implementation of the Customs 
Valuation Agreement. Upon accession    
 
Note: 
 
1. Total implementation of the Agreement on Implementation of Article VII of the GATT ("Customs Valuation Agreement") upon accessi on, at the latest, in conformity 
with the Action Plan. 
2. This action plan should be adjusted in conformity with the needs and the success of the implementation strategy. 
 
__________ 
                                               
2 The CMA should contain requisites that obligate the importers and the declarers to make their books entries available for audi ting.