RESTRICTEDWORLD TRADE
ORGANIZATIONWT/ACC/NPL/15
5 May 2003
(03-2374)
Working Party on the
Accession of NepalOriginal:  English
ACCESSION OF THE KINGDOM OF NEPAL
Action Plan on the Implementation of the Agreement
on Customs Valuation
The following Action Plan on the Implementation of the Agreement on Customs Valuation
has been received from the Ministry of Commerce of the Kingdom of Nepal, with the request that it
be circulated to Working Party members.
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Page 2Agreement on Customs Valuation Laws and draft regulations addressing the subject matterTimeframe for
completionRemarks
Article 1-8, annex I Valuation
HierarchyApproval of the  amendment of Customs Act
Approval of the amendment of Customs Regulations
Restructuring the organizational structure of customs
administration
Establishment of independent administrative tribunal
Training of customs officials in the areas of clearance,
verification, audit and the method to combat valuation fraud
Preparation Customs Valuation ManualEstablishment of fully automated customs houses and
computerized customs processing system
Gradual implementation of valuation hierarchyTransaction valuation
Transaction value of identical goods
Transaction value of similar goodsImputed valueComputed valueDecember 2003
December 2003
April 2004
April 2004
July 2004
December 2004
December 2005
Implemented
Upon accession
Upon accession
February 2006February 2006Technical assistance requested
for drafting legislation.
Technical assistance requested
for drafting regulations.
Technical assistance requested.
Technical assistance requested.
Technical assistance requested.
Article 1:  Sales between related
personDraft amendment of Customs Act
Draft amendment of Customs RegulationsDecember 2003
Article 7:  Prohibited method of
appraisementExcept for customs valuation under imputed and computed
valueUpon accessionWT/ACC/NPL/15
Page 3Agreement on Customs Valuation Laws and draft regulations addressing the subject matterTimeframe for
completionRemarks
Article 10:  Confidential Information No specific provision in current legislation. It is an
established practice of the customs authorities to ensure
confidentialityImplemented
Article 11:  Right to appeal The current provisions provides the aggrieved party the
right to appeal to Revenue Tribunal. The right to appeal to
independent administrative tribunal will be provided in theamendment.December 2004
Article 12:  Publication of relevant
laws and regulationsConstitution of the Kingdom of Nepal
Amendment of Customs ActAmendment of Customs RegulationsDecember 2003
Article 13:  Sureties for the release
of merchandiseCustoms Act 1962 Article 13.6 In force
Article 16:  Importer's right to an
explanation in writing from the
customs administration concerning
the determination of customs valueAmendment in Customs Act December 2003
Interpretative Notes:
Full implementation of Agreement on Customs Valuation would be achieved latest by December 2005 as per the implementation plan mentioned above.
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