Current through October 31, 2024
Section 10.1002 - General definitionsAs used in this subpart, the following terms will have the meanings indicated unless either the context in which they are used requires a different meaning or a different definition is prescribed for a particular section of this subpart:
(a)Claim for preferential tariff treatment. " Claim for preferential tariff treatment " means a claim that a good is entitled to the duty rate applicable under the UKFTA to an originating good and to an exemption from the merchandise processing fee;(b)Claim of origin. " Claim of origin " means a claim that a textile or apparel good is an originating good or satisfies the non-preferential rules of origin of a Party;(c)Customs duty. " Customs duty " includes any customs or import duty and a charge of any kind imposed in connection with the importation of a good, including any form of surtax or surcharge in connection with such importation, such as an adjustment tariff imposed pursuant to Article 69 of Korea's Customs Act, but does not include any: (1) Charge equivalent to an internal tax imposed consistently with Article III:2 of GATT 1994, in respect of like, directly competitive, or substitutable goods of the Party, or in respect of goods from which the imported good has been manufactured or produced in whole or in part;(2) Antidumping or countervailing duty that is applied pursuant to a Party's law; or(3) Fee or other charge in connection with importation commensurate with the cost of services rendered.(d)Customs Valuation Agreement. " Customs Valuation Agreement " means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994, contained in Annex 1A to the WTO Agreement;(e)Days. " Days " means calendar days;(f)Enterprise. " Enterprise " means any entity constituted or organized under applicable law, whether or not for profit, and whether privately or governmentally-owned or controlled, including any corporation, trust, partnership, sole proprietorship, joint venture, association, or similar organization;(g)Enterprise of a Party. " Enterprise of a Party " means an enterprise constituted or organized under a Party's law;(h)GATT 1994. " GATT 1994 " means the General Agreement on Tariffs and Trade 1994, contained in Annex 1A to the WTO Agreement;(i)Goods of a Party. " Goods of a Party " means domestic products as these are understood in GATT 1994 or such goods as the Parties may agree, and includes originating goods of that Party;(j)Harmonized System. " Harmonized System " means the Harmonized Commodity Description and Coding System, including its General Rules of Interpretation, Section Notes, and Chapter Notes, as adopted and implemented by the Parties in their respective tariff laws;(k)Heading. " Heading " means the first four digits in the tariff classification number under the Harmonized System;(l)HTSUS. " HTSUS " means the Harmonized Tariff Schedule of the UnitedStates as promulgated by the U.S. International Trade Commission;(m)Identical goods. " Identical goods " means goods that are the same in all respects relevant to the rule of origin that qualifies the goods as originating;(n)Indirect material. " Indirect material " means a good used in the production, testing, or inspection of a good but not physically incorporated into the good, or a good used in the maintenance of buildings or the operation of equipment associated with the production of a good, including: (2) Tools, dies, and molds;(3) Spare parts and materials used in the maintenance of equipment or buildings;(4) Lubricants, greases, compounding materials, and other materials used in production or used to operate equipment or buildings;(5) Gloves, glasses, footwear, clothing, safety equipment, and supplies;(6) Equipment, devices, and supplies used for testing or inspecting the good;(7) Catalysts and solvents; and(8) Any other goods that are not incorporated into the other good but the use of which in the production of the other good can reasonably be demonstrated to be a part of that production;(o)Korea. " Korea " means the Republic of Korea.(p)Originating. " Originating " means qualifying for preferential tariff treatment under the rules of origin set out in Chapter Four (Textiles and Apparel) or Chapter Six (Rules of Origin and Origin Procedures) of the UKFTA and General Note 33, HTSUS;(q)Party. " Party " means the United States or the Republic of Korea;(r)Person. " Person " means a natural person or an enterprise;(s)Person of a Party. " Person of a Party " means a national or an enterprise of a Party;(t)Preferential tariff treatment. " Preferential tariff treatment " means the duty rate applicable under the UKFTA to an originating good, and an exemption from the merchandise processing fee;(u)Subheading. " Subheading " means the first six digits in the tariff classification number under the Harmonized System;(v)Textile or apparel good. " Textile or apparel good " means a good listed in the Annex to the Agreement on Textiles and Clothing (commonly referred to as "the ATC");(w)Territory. " Territory " means: (1) With respect to Korea, the land, maritime, and air space over which Korea exercises sovereignty, and those maritime areas, including the seabed and subsoil adjacent to and beyond the outer limit of the territorial seas over which it may exercise sovereign rights or jurisdiction in accordance with international law and its domestic law; and(2) With respect to the United States, (i) The customs territory of the United States, which includes the 50 states, the District of Columbia, and Puerto Rico;(ii) The foreign trade zones located in the United States and Puerto Rico; and(iii) Any areas beyond the territorial seas of the United States within which, in accordance with international law and its domestic law, the United States may exercise sovereign rights with respect to the seabed and subsoil and their natural resources;(x)WTO. " WTO " means the World Trade Organization; and(y)WTO Agreement. " WTO Agreement " means the Marrakesh Agreement Establishing the World Trade Organization of April 15, 1994.