Council Regulation (EEC) No 1224/80 of 28 May 1980 on the valuation of goods for customs purposes
Official Journal L 134 , 31/05/1980 P. 0001 - 0009
Greek special edition: Chapter 02 Volume 8 P. 0218
Spanish special edition: Chapter 02 Volume 6 P. 0224
Portuguese special edition Chapter 02 Volume 6 P. 0224
****
( 1 ) OJ NO L 148 , 28 . 6 . 1968 , P . 6 .
( 2 ) OJ NO L 71 , 17 . 3 . 1980 , P . 1 .
COUNCIL REGULATION ( EEC ) NO 1224/80
OF 28 MAY 1980
ON THE VALUATION OF GOODS FOR CUSTOMS PURPOSES
THE COUNCIL OF THE EUROPEAN
COMMUNITIES ,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 113 THEREOF ,
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ,
WHEREAS , ON 27 JUNE 1968 , THE COUNCIL ADOPTED REGULATION ( EEC ) NO 803/68 ON THE VALUATION OF GOODS FOR CUSTOMS PURPOSES ( 1 );
WHEREAS , SINCE THEN , IN ITS DECISION 80/271/EEC OF 10 DECEMBER 1979 CONCERNING THE CONCLUSION OF THE MULTILATERAL AGREEMENTS RESULTING FROM THE 1973 TO 1979 TRADE NEGOTIATIONS , THE COUNCIL APPROVED IN PARTICULAR , ON BEHALF OF THE EUROPEAN ECONOMIC COMMUNITY , THE ' AGREEMENT ON IMPLEMENTATION OF ARTICLE VII OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE ' ( 2 );
WHEREAS THAT AGREEMENT LAYS DOWN RULES FOR FACILITATING INTERNATIONAL TRADE BY REMOVING BARRIERS TO SUCH TRADE ARISING FROM THE APPLICATION OF DIFFERENT METHODS OF CUSTOMS VALUATION ; WHEREAS ITS AIM IS , IN PARTICULAR , TO PURSUE THE OBJECTIVES OF THE GENERAL AGREEMENT ON TARIFFS AND TRADE ( GATT ) AND TO ENSURE THAT DEVELOPING COUNTRIES ENJOY ADDITIONAL ADVANTAGES IN INTERNATIONAL TRADE ; WHEREAS , WHERE POSSIBLE , IT INTRODUCES THE TRANSACTION VALUE AS THE BASIS FOR THE CUSTOMS VALUATION OF GOODS ;
WHEREAS THAT AGREEMENT WILL ENTER INTO FORCE ON 1 JANUARY 1981 ; WHEREAS , HOWEVER , THE COMMUNITY HOLDS THE VIEW THAT IT SHOULD BE IMPLEMENTED FROM 1 JULY 1980 ;
WHEREAS THE COMMUNITY , IN ACCEPTING THE AGREEMENT , HAS PLACED ITSELF UNDER AN OBLIGATION TO ENSURE , NOT LATER THAN THE DATE OF ENTRY INTO FORCE OF THE AGREEMENT FOR THE COMMUNITY , THAT ITS RULES CONCERNING CUSTOMS VALUATION CONFORM WITH THE PROVISIONS OF THE AGREEMENT ;
WHEREAS , TO THIS END , THE CUSTOMS VALUATION SYSTEM INTRODUCED BY REGULATION ( EEC ) NO 803/68 AND CURRENTLY IN FORCE SHOULD BE AMENDED ; WHEREAS THAT REGULATION WAS INTENDED TO ENSURE UNIFORM APPLICATION OF THE COMMON CUSTOMS TARIFF AND EQUAL TREATMENT OF COMMUNITY IMPORTERS ; WHEREAS THE OBJECTIVE OF THIS REGULATION IS TO FOSTER WORLD TRADE BY INTRODUCING A FAIR , UNIFORM AND NEUTRAL SYSTEM OF CUSTOMS VALUATION EXCLUDING THE USE OF ARBITRARY OR FICTITIOUS CUSTOMS VALUES ; WHEREAS , THEREFORE , THE CUSTOMS VALUE MUST BE DETERMINED IN ACCORDANCE WITH CRITERIA WHICH ARE COMPATIBLE WITH TRADE PRACTICE ; WHEREAS , IN