Article VII of the General Agreement on Tariffs and Trade

E326629

Article VII of the General Agreement on Tariffs and Trade is the GATT provision that establishes the fundamental rules for determining the customs value of imported goods in international trade.

All labels observed (3)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf provision of international trade law ⓘ
treaty article ⓘ
administeredWithin World Trade Organization framework ⓘ
adoptedBy contracting parties to the General Agreement on Tariffs and Trade ⓘ
adoptedIn 1947 ⓘ
aimsTo ensure fair and uniform valuation of imported goods ⓘ
prevent arbitrary or fictitious customs values ⓘ
appliesTo customs administrations of GATT contracting parties ⓘ
imported goods ⓘ
bindingOn GATT contracting parties ⓘ
World Trade Organization members through GATT 1994 ⓘ
cameIntoForceWith General Agreement on Tariffs and Trade 1948 ⓘ
category GATT rules on border measures ⓘ
GATT rules on customs procedures ⓘ
clarifiedBy interpretative notes to Article VII of the GATT ⓘ
codifiedIn GATT 1947 ⓘ
GATT 1994 ⓘ
establishes fundamental rules for determining customs value ⓘ
hasSection paragraph 1 of Article VII of the GATT ⓘ
paragraph 2 of Article VII of the GATT ⓘ
paragraph 3 of Article VII of the GATT ⓘ
paragraph 4 of Article VII of the GATT ⓘ
paragraph 5 of Article VII of the GATT ⓘ
paragraph 6 of Article VII of the GATT ⓘ
paragraph 7 of Article VII of the GATT ⓘ
historicalPrecursorOf WTO rules on customs valuation ⓘ
implementedBy Agreement on Implementation of Article VII of the GATT 1994 ⓘ
influenced national customs valuation legislation ⓘ
language English ⓘ
French ⓘ
Spanish ⓘ
legalDomain customs law ⓘ
international trade law ⓘ
objective promote transparency in customs valuation ⓘ
reduce trade distortions caused by customs valuation practices ⓘ
partOf General Agreement on Tariffs and Trade ⓘ
principle customs value should be based on actual value of imported goods ⓘ
customs value should not be based on arbitrary or fictitious values ⓘ
customs value should not be based on the price of goods in domestic markets of the importing country ⓘ
customs value should not be based on the value of goods of national origin ⓘ
relatedInstrument Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 ⓘ
WTO Customs Valuation Agreement ⓘ
requires publication of laws and regulations on customs valuation ⓘ
valuation procedures not to be used as a means of protectionism ⓘ
valuation procedures to be of general application ⓘ
shortName GATT Article VII ⓘ
subjectMatter customs valuation of imported goods ⓘ
determination of customs value ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Customs Valuation Code → basedOn → Article VII of the General Agreement on Tariffs and Trade ⓘ
Customs Valuation Agreement → linkedTo → Article VII of the General Agreement on Tariffs and Trade 1994 ⓘ
linked to: Article VII of the General Agreement on Tariffs and Trade
Article VII of the General Agreement on Tariffs and Trade → shortName → GATT Article VII ⓘ
linked to: Article VII of the General Agreement on Tariffs and Trade
CVA → basedOn → Article VII of the General Agreement on Tariffs and Trade 1994 ⓘ
linked to: Article VII of the General Agreement on Tariffs and Trade