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CHAPTER 4 TARIFFS - Minister of Economy, Trade and Industry
www.meti.go.jp39 CHAPTER 4 TARIFFS 1. OVERVIEW OF RULES (1) Background: Tariffs Tariffs are the most common kind of barrier to trade; indeed, one of the purposes of the WTO is to enable Member countries to negotiate mutual tariff reductions.
CHAPTER 4 TARIFFS - METI
www.meti.go.jpCommodity Description and Coding System” or “HS ” system. Today, most countries use a harmonized system of six-digit tariff numbers. (e) Valuation The final component in tariffs is the valuation of goods for tariff purposes. When countries assign arbitrary values for tariff purposes, they render tariff rates meaningless. GATT