Common use of GOODS RE-ENTERED AFTER REPAIR OR ALTERATION Clause in Contracts

GOODS RE-ENTERED AFTER REPAIR OR ALTERATION. 1. Neither Party shall apply a customs duty to a good, regardless of its origin, that reenters its territory after that good has been temporarily exported from its territory to the territory of the other Party for repair or alteration, regardless of whether such repair or alteration could be performed in the territory of the Party from which the good was exported for repair or alteration. 2. Neither Party shall apply a customs duty to a good, regardless of its origin, admitted temporarily from the territory of the other Party for repair or alteration. 3. For purposes of this Article, repair or alteration does not include an operation or process that: (a) destroys a good's essential characteristics or creates a new or commercially different good; or

Appears in 26 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

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