Calculation of Qualifying Value Content

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....fied in these rules, including related Annexures, to determine whether a good is originating, the qualifying value content shall be calculated using one of the following methods, namely:- (a) Build-Down Formula: based on the value of non-originating materials [𝑸𝑽𝑪 = 𝑭𝑶𝑩 𝑽𝒂𝒍𝒖𝒆 − 𝑽𝒂&#119....

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....961; 𝟏𝟎𝟎] (2) All values for the purposes of calculating qualifying value content shall be determined in accordance with the Customs Valuation Agreement. (3) All costs shall be recorded and maintained in conformity with the Generally Accepted Accounting Principles applicable in the territory of a Party where the good is produced. (4) If a non-originating material is used....

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....inable price paid or payable in the territory of the Party; and (c) for materials that are self-produced, all the costs incurred in the production of the material, which includes general expenses. (6) For originating materials, the following expenses may be added to the value of the material, if not included under sub-rule (5),namely :- (a) the costs of freight, insurance, packing, and other ....