WORLD TRADE G/VAL/N/3/SGP/1
10October 1997
ORGANIZATION(97-4327)
Original: English Committee onCustoms Valuation
NOTIFICATIONS UNDER THE DECISIONS A.3AND A.4CONCERNING THE
INTERPRETATION OFTHE AGREEMENT ONIMPLEMENTATION OFARTICLE VIIOF
THE GENERAL AGREEMENT ONTARIFFS AND TRADE 1994
Singapore
Thefollowing information hasbeenreceived from theGovernment ofSingapore.
__________________________
Singapore agrees toimplement thetwodecisions adopted bytheTokyo Round Committee
concerning treatment ofinterest charges inthecustoms value ofimported goods andvaluation ofcarrier
media bearing software fordataprocessing equipment. Singapore willapply thetwodecisions onthe
samedaywhen theCustoms (Valuation) (Import Duty) Regualtions come intooperation. Withreference
tothesecond decision, Singapore informs thatthere iscurrently noimport dutyoncarrier media in
Singapore.