Question: Based on below information calculate for a final Good under 9007.91 Net Cost Transaction Value Value of Non- Originating Materials RVC under TV method Will
Based on below information calculate for a final Good under 9007.91
Net Cost
Transaction Value
Value of Non- Originating Materials
RVC under TV method Will it pass the 60% rule to qualify for CUSMA
RVC under NC method - Will it pass the 50% rule to qualify for CUSMA
Could the final good qualify only by using option 1 of Rule of Origin
9007.91 A change to subheading 9007.91 from any other heading; or
No required change in tariff classification to subheading 9007.91, provided there is a regional value content of not less than:
(a) 60 percent where the transaction value method is used; or
(b) 50 percent where the net cost method is used.
| Origin | Value | |
| Material 1 HS 7702.00 | USA (No CUSMA | $45 |
| Certificate provided) | ||
| Material 2 HS 7801.00 | China | $36 |
| Material 3 HS. 3907.10 | India | $19 |
| Material 4 HS.3903.00 | Italy | $56 |
| Overhead, labor |
| $10 |
| Profit |
| $5 |
|
| Origin | Value |
| Material 1 HS 8902.00 | Mexico (CUSMA certificate) | $ 65 |
| Material 2 HS 7301.00 | Bangladesh | $ 45 |
| Material 3 HS. 3907.10 | Dominican Republic | $ 15 |
| Material 4 HS.4401.00 | Panama | $5 |
| Overhead, labor |
| $122 |
| Profit |
| $19 |
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