Commission Regulation (EEC) No 220/85 of 29 January 1985 amending Regulation (EEC) No 1495/80 implementing certain provisions of Articles 1, 3 and 8 of Council Regulation (EEC) No 1224/80 on the valuation of goods for customs purposes

COMMISSION  REGULATION (EEC) No 220/85
of 29 January 1985
amending Regulation (EEC) No 1495/80 implementing certain provisions of Articles 1, 3 and 8 of Council Regulation (EEC) No 1224/80 on the valuation of goods for customs purposes
THE COMMISSION OF THE EUROPEAN
COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 1224/80 of 28 May 1980 on the valuation of goods for customs purposes (1), as amended by Regulation (EEC) No 3193/80 (2), and in particular Article 19 (1) (b) thereof,
Whereas with a view to ensuring uniform application of the provisions of Regulation (EEC) No 1224/80, Commission Regulation (EEC) No 1495/80 (3), as amended by Regulation (EEC) No 1580/81 (4), implements certain provisions of Articles 1, 3 and 8 of that Regulation;
Whereas Article 3 (c) of Regulation (EEC) No 1495/80 deals with interest payable under a financing arrangement relating to the purchase of imported goods;
Whereas the Parties to the Agreement on implementation of Article VII of the General Agreement on Tariffs and Trade concluded in the framework of the multilateral trade negotiations of 1973 to 1979, meeting within the Committee established under Article 18.1 of that Agreement, have decided on a uniform treatment for customs valuation purposes of charges for interest under a financing arrangement relating to the purchase of imported goods;
Whereas the Commmunity, in accepting that decision, has placed itself under an obligation to ensure that its rules concerning customs valuation conform with the provisions of that decision;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Customs Valuation Committee,