Qualifying Value Content

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....ch Party shall provide that the qualifying value content (QVC) shall be calculated using one of the following methods: (a) Build-Down Method: based on the value of non-originating materials QVC=value of the good-value of non‐originating materials / value of the good x 100; (b) Build-Up Method: based on the value of originating materials QVC=Value of originating materi....

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.... for an imported material in clause (a); or (iii) the earliest ascertainable price paid or payable in the territory of the Party; or (c) for a material that is self-produced, all the costs incurred in the production of the material, which includes general expenses. (3) For an originating material, the following expenses may be added to the value of the material, if not include....

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.... costs of freight, insurance, packing and all other costs incurred in transporting the material to the location of the producer of the good; (b) duties, taxes, and customs brokerage fees on the material paid in the territory of one or both Parties, other than duties and taxes that are waived, refunded, refundable or otherwise recoverable, which include credit against duty or tax paid or p....