Table Nature of Transaction:
|
Column A |
Column
B |
|
1. Transactions
involving actual or intended transfer of ownership against compensation
(financial or otherwise)a)b)c) (except
than for transactions listed under 2,7,8) |
1. Outright/purchase/saleb) 2. Supply for
sale on approval or after trial, consignment or with the intermediation of
a commission agent 3. Barter
Trade (compensation in kind) 4. Personal
purchases by travellers 5.
Financial leasingc) |
|
2. Return of
goods after registration of the original transaction under code 1d);
replacement of goods free of charged) |
1. Return of
goods 2. Replacement
of returned goods 3. Replacement
(e.g. under warranty) for goods not being returned |
|
3. Transactions
(not temporary) involving transfer of ownership but without compensation
(financial or other) |
1. Goods
delivered under aid programmes operated or financed partly or wholly 2. Other
general government-aid deliveries 3. Other aid
deliveries (individuals, non-governmental organizations) |
|
4. Operations
with a view to processing under contracte)
or repairf) (except those
recorded under 7) |
1. Processing
under contract 2. Repair and
maintenance against payment 3. Repair and
maintenance free of charge |
|
5. Operations
following processing under contracte) or
repairf) (except those recorded
under 7) |
1. Processing
under contract 2. Repair and
maintenance against payment 3. Repair and
maintenance free of charge |
|
6. Transactions
not involving transfer of ownership; e.g. hire, loan, operational leasingg)
and other temporary usesh) except
processing under contract or repair (delivery or return) |
1. Hire, loan,
operational leasing 2.
Other goods for temporary use |
|
7. Operations
under joint defence projects or other joint inter-governmental production
programmes (e.g. Airbus) |
|
|
8. Supply of
building materials and equipment for works that are part of a general
construction or engineering contracti) |
|
|
9. Other
transactions |
|
| a) | This item covers most dispatches and arrivals, i.e. transactions in
respect of which : - ownership is transferred from resident to non-resident, and - payment or compensation in kind is, or will be made. It should be noted that this also applies to goods sent between related enterprises or, from/to, central distribution depots, even if no immediate payments is made. |
| b) | Including spare parts and other replacements made against payment. |
| c) | Including financial leasing : the lease instalments are calculated in
such a way as to cover all or virtually all of the value of the goods. The risks
and rewards of ownership are transferred to the lessee. At the end of the
contract the lessee becomes the legal owner of the goods. |
| d) | Return and replacement dispatches of goods originally recorded under
items 3 to 9 of column A, should be registered under the corresponding items. |
| e) | Processing operations
(whether or not under customs supervision) should be recorded under items 4 and
5 of column A. Processing activities on processor's own account are not covered
by this item, they should be registered under item 1 of column A. |
| f) | Repair entails the restoration of the goods to their original function;
this may involve some re-building or enhancements. |
| g) | Operational leasing :
leasing contracts other than financial leasing (see note c)). |
| h) | This item covers goods that are exported/imported with the intention of
subsequent re-import/re-export without any change of ownership taking place. |
| i) | The transactions recorded under item 8 of column A involve goods which
are not separately invoiced, but for which a single invoice is made covering the
total value of the works. Where this is not the case, the transactions should be
recorded under item 1. |