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ARTICLES

LEGAL RESOURSES

Exchange rate:

$ 17.26

    • ARTICLE 67: CIRCUMSTANCES TO BE CONCLUDED TO CONSIDER THE TRANSACTION VALUE AS A CUSTOMS VALUE

     

    For the purposes of the provisions of article 64 of this Law (LA: Art. 64), the transaction value shall be considered as customs value, provided that the following circumstances concur:

  • That there are no restrictions on the sale or use of the merchandise by the importer, with the exception of the following:

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  • Those that impose or require the legal provisions in force in national territory.

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  • Those that limit the geographical territory where the merchandise can be sold later.

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  • Those that do not affect the value of the merchandise.

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  • That the sale for export to the national territory or the price of the merchandise does not depend on any condition or consideration (RLA: Art. 123) whose value cannot be determined in relation to the merchandise to be valued.

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  • That it does not directly or indirectly revert to the seller any part of the product of the subsequent sale or of any transfer or subsequent use of the merchandise made by the importer, except in the amount in which the adjustment indicated in section IV of article 65 has been made of this Law. (LA: Art. 65)

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  • That there is no bond between the importer and the seller, or that if there is (LA: Art. 68), it doesn´t influenced the value (LA: Art. 69) transaction.

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    In the event that one of the circumstances set forth in the previous sections is not met, in order to determine the taxable base of the general import tax, the provisions of article 71 of this Law must be followed. (LA: Art. 71)