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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 414/2

30 July 2013

Dear Sirs,

Commercial Information Circular No. 612/2013

Chile : Amendment on the Value Assessment of "FCA" in Customs Regulations

The Chilean government issued Exempt Resolution No. 5449/2013 on 30 May 2013 to amend the value assessment of "FCA" in paragraphs 10.7 and 10.8 of Annex 18 of Customs Regulations.

2. The "FCA" clause regarding the location agreed for delivery of goods may be used to declare the value of the imports excluding free on board (FOB)-related costs. The Chilean government clarified that 4.79% will be applied to the "FCA" value for sea and air operations, and 0.5% for land operations, in the absence of effective FOB value.

3. For details, traders are advised to consult their importers in Chile and/or the abovementioned Chilean Exempt Resolution (in Spanish), which is available at http://www.aduana.cl/resolucion-exenta-n-5449-30-05-2013/aduana/2013-05-31/182219.html.

ENQUIRIES

4.For enquiries about the content of this circular, please contact Miss S Y TANG at telephone number 2398 5405.

Yours faithfully,

(Ms Cindy Cheng)
for Director-General of Trade and Industry



Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.