Customs (Valuation of Imported Goods) Rules, 2001

Rules, 2001 and shall commence on the same day as the Customs (Amendment)

Order, 2001.

Application.

The provisions of Article VII of the General Agreement on Tariffs and Trade 1994 are adopted and shall have the effect of implementing procedures in respect of customs valuation and matters related thereto.

Interpretation.

In these Rules unless the context otherwise requires -

"computed unit price", in relation to goods, means the computed value of the goods divided by the number of the units of the goods;

"computed value" means the value determined in accordance with the provisions of rule 10;

"country of export" means the country from which the goods are shipped directly to Brunei Darussalam or, as the case may be, the country from which the goods are deemed to be shipped pursuant to these Rules;

"deductive value" means the value determined in accordance with the provisions of rule 9;

"goods of the same class or kind", for the purposes of these Rules, means imported goods that -

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(a} are within a group or range of imported goods produced by a particular industry or sector of industry that includes identical goods or similar goods in relation to the goods being valued; and

(b} for the purposes of

[i)

rule 6, were produced in any country and exported from any country; and