Page 19 - Regional Comprehensive Economic Partnership (RCEP)

relieved, totally or partially, from payment of import duties and
7. Notwithstanding Article 20.8 (General Review), the Parties shall taxes, if such goods:
commence a review of this Article within two years of the date of
entry into force of this Agreement and, thereafter, every three (a) are brought into its customs territory for a specific purpose;
years or as agreed among the Parties to reduce or eliminate the
requirements of this Article and the number of tariff lines and (b) are intended for re-exportation within a specific period; and
conditions provided in a Party’s Appendix to its Schedule in Annex
I (Schedules of Tariff Commitments). (c) have not undergone any change, except normal
depreciation and wastage due to the use made of them.
8. Notwithstanding paragraph 7, with respect to its Appendix to its
Schedule in Annex I (Schedules of Tariff Commitments), a Party 2. Each Party shall, on request of the person concerned and for
reserves the right to make amendments to its Appendix, including reasons its customs authority considers valid, extend the time limit
the additional requirement in this Appendix, in case of accession for duty-free temporary admission provided for in paragraph 1
by another State or separate customs territory to this Agreement. beyond the period initially fixed.
Such amendments shall be subject to the agreement of all Parties
and shall enter into force in accordance with Article 20.4 3. No Party shall condition the duty-free temporary admission of a
(Amendments) and Article 20.9 (Accession). good provided for in paragraph 1, other than to require that the
good:

Article 2.7: Classification of Goods (a) be used solely by or under the personal supervision of a
national or resident of another Party in the exercise of the
The classification of goods in trade among the Parties shall be in business activity, trade, profession, or sport of that person;
conformity with the Harmonized System.
(b) not be sold or leased while in its territory;

Article 2.8: Customs Valuation (c) be accompanied by a security or guarantee in an amount
no greater than the customs duties, taxes, fees, and
For the purposes of determining the customs value of goods traded charges that would otherwise be owed on entry or final
among the Parties, Article VII of GATT 1994, and Part I and the importation, releasable on exportation of the good;
Interpretative Notes of Annex I of the Customs Valuation Agreement
shall apply, mutatis mutandis. (d) be capable of identification when imported and exported;

(e) be exported on the departure of the person referred to in
Article 2.9: Goods in Transit subparagraph (a), or within such other period related to the
purpose of the temporary admission as the Party may
Each Party shall continue to facilitate customs clearance of goods in establish, unless extended;
transit from or to another Party in accordance with paragraph 3 of Article
V of GATT 1994 and the relevant provisions of the Trade Facilitation (f) be admitted in no greater quantity than is reasonable for its
Agreement. intended use; and

(g) be otherwise admissible into the Party’s territory under its
Article 2.10: Temporary Admission of Goods laws and regulations.

1. Each Party shall allow, as provided for in its laws and regulations, 4. If any condition that a Party imposes under paragraph 3 has not
goods to be brought into its customs territory conditionally been fulfilled, the Party may apply the customs duty and any other
charge that would normally be owed on the good, in addition to

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