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Code · STATUTE-COMPILATIONS · Trade Preferences Extension Act of 2015 · Sec. 504

Sec. 504. PARTICULAR MARKET SITUATION

235 words·~1 min read·/statute-compilations/comps-11645/sec-504

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## SEC. 504 PARTICULAR MARKET SITUATION ###
(a)Definition of Ordinary Course of Trade Section 771(15) of the Tariff Act of 1930 (19 U.S.C. 1677(15)) is amended by adding at the end the following: > > ##### “(C) > > Situations in which the administering authority determines that the particular market situation prevents a proper comparison with the export price or constructed export price.” > . ###
(b)Definition of Normal Value Section 773(a)(1)(B)(ii)(III) of the Tariff Act of 1930 (19 U.S.C. 1677b(a)(1)(B)(ii)(III)) is amended by striking “in such other country.”. ###
(c)Definition of Constructed Value Section 773(e) of the Tariff Act of 1930 (19 U.S.C. 1677b(e)) is amended— ####
(1)in paragraph (1), by striking “business” and inserting “trade”; and ####
(2)by striking the flush text at the end and inserting the following:" “For purposes of paragraph (1), if a particular market situation exists such that the cost of materials and fabrication or other processing of any kind does not accurately reflect the cost of production in the ordinary course of trade, the administering authority may use another calculation methodology under this subtitle or any other calculation methodology. For purposes of paragraph (1), the cost of materials shall be determined without regard to any internal tax in the exporting country imposed on such materials or their disposition that is remitted or refunded upon exportation of the subject merchandise produced from such materials.”".
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Sec. 504
PARTICULAR MARKET SITUATION
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