Home Acts & Rules Customs Origin of Goods - Rules Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of MERCOSUR Member States comprising the Argentine Republic, the Federative Republic of Brazil, the Republic of Paraguay and the Republica Oriental del Uruguay and the Republic of India) Rules, 2009 This
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Rule 6 - Not wholly produced or obtained products - Customs Tariff (Determination of Origin of Goods under the Preferential Trade Agreement between the Governments of MERCOSUR Member States comprising the Argentine Republic, the Federative Republic of Brazil, the Republic of Paraguay and the Republica Oriental del Uruguay and the Republic of India) Rules, 2009Extract Rule 6. Not wholly produced or obtained products: 1. For the purpose of Rule 3(1) (b) the products are considered to be originating when the CIF value of all non -originating materials from countries other than the Signatory Parties and/or of undetermined origin used in its manufacture does not exceed 40% of the FOB value of the final product and the final process of manufacture is performed within the territory of the exporting Signatory Party subject to fulfillment of the provisions of Rule 7. 2. For the purposes of determining the CIF value of non - originating materials for countries without a coastline, the first seaport or inland waterway port located in any of the other Signatory Parties, through which those non - originating materials have been imported shall be considered as port of destination. 3. The value of the non-originating materials, parts or produce shall be: i) The CIF value at the time of importation of the products where this can be proven; or ii) The earliest ascertained price paid for the products of undetermined origin in the territory of the Signatory Party where the working or processing takes place: 4. The formula for 60% value added is as follows: CIF Value of imported + Non-originating materials, Parts or Produce + CIF Value of Undetermined Origin Materials, Parts or Produce ------------------------------------------------------------------X 100% 40% FOB price
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