Common use of Transit and Transshipment Clause in Contracts

Transit and Transshipment. ‌ 1. For the goods to maintain their status of originating and benefit from preferential tariff treatment, they must have been shipped directly from the exporting Party to the importing Party. For this purpose, the goods that shall be deemed shipped directly are: (a) The goods transported only through the territory of one or more Parties; (b) The goods in transit through one or more countries that are not Party of this Additional Protocol, with or without temporary transhipment or storage, provided that: (i) They do not undergo any operation outside the territory of the Parties other than unloading, reloading, breaking of bulk or any other operation necessary to preserve them in good conditions, and (ii) Remain under the control of the customs authorities in the territory of a non-Party. 2. The importer may demonstrate compliance with paragraph 1 (b): (a) In case of transit or transhipment, with transport documents, such as the air waybill, the bill of lading, the consignment note, or the multi- modal or combined transport document, as appropriate; (b) In case of storage, with transport documents, such as the air waybill, the bill of lading, the consignment note, or the multi- modal or combined transport document, as appropriate, and the documents issued by the customs authority or other competent entity, in accordance with the laws of the country that is not Party, accrediting the storage or (c) In the absence of the above, any other supporting documentation, issued by the customs authority or other competent authority, in accordance with the law of the country that is not Party.

Appears in 1 contract

Sources: Additional Protocol to the Framework Agreement

Transit and Transshipment. ‌ 1. For the goods to maintain their status of originating and benefit from preferential tariff treatment, they must have been shipped directly from the exporting Party to the importing Party. For this purpose, the goods that shall be deemed shipped directly are: (a) : The goods transported only through the territory of one or more Parties; (b) ; The goods in transit through one or more countries that are not Party of this Additional Protocol, with or without temporary transhipment or storage, provided that: (i) : They do not undergo any operation outside the territory of the Parties other than unloading, reloading, breaking of bulk or any other operation necessary to preserve them in good conditions, and (ii) and Remain under the control of the customs authorities in the territory of a non-Party. 2. The importer may demonstrate compliance with paragraph 1 (b): (a) ): In case of transit or transhipment, with transport documents, such as the air waybill, the bill of lading, the consignment note, or the multi- modal or combined transport document, as appropriate; (b) ; In case of storage, with transport documents, such as the air waybill, the bill of lading, the consignment note, or the multi- modal or combined transport document, as appropriate, and the documents issued by the customs authority or other competent entity, in accordance with the laws of the country that is not Party, accrediting the storage or (c) or In the absence of the above, any other supporting documentation, issued by the customs authority or other competent authority, in accordance with the law of the country that is not Party.

Appears in 1 contract

Sources: Additional Protocol