I move amendment No. 1:
In page 16, to delete lines 52 to 60 and in page 17 to delete lines 1 to 10 and to substitute the following:—
"(3) The value of imported goods for the purposes of this section shall be their value determined in accordance with the acts for the time being in force adopted by the institutions of the Community relating to the valuation of goods for customs purposes, modified by the substitution of references to the territory of the State for references to the customs territory of the Community, together with any taxes, duties and other charges levied either outside or, by reason of importation, within the State (except value-added tax) on the goods and not included in the determination."
This amendment, of which notice was given to the Special Committee, is of a technical nature. It is intended to remove any doubts relating to imports from other member states by ensuring that valuation for the purpose of charging VAT shall be in accordance with the customs law concepts, even in the case of importations from other members states of the Community where, because of the advent of the concept of a single customs territory for the whole Community, customs law would not otherwise apply. In other words, it is laying down the framework to remove any doubts as to how for the purposes of VAT goods will be valued and, for this purpose, it is applying customs law concept, and only for that purpose, even though customs law might not apply otherwise to trade between members of the Community.
