Page:United States Statutes at Large Volume 57 Part 2.djvu/448

 1084 Imports from United States. Post, p. 1092. Schedule I, force and effect. Imports from Ice- land. Post, p. 1094. Schedule II, force and effect. Imposition of charges on imports. Determination of dutiable value, etc. Post, pp. 1092, 1094. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [57 STAT. 3. Greater than nominal penalties shall not be imposed by the Government of either country in connection with the importation of articles the growth, produce or manufacture of the other country because of errors in documentation which are obviously clerical in origin or with regard to which good faith can be established. ARTICLE VII 1. Articles the growth, produce or manufacture of the United States of America enumerated and described in Schedule I annexed to this Agreement shall, on their importation into Iceland, be exempt from ordinary customs duties in excess of those set forth and provided for in the said Schedule. The said articles shall also be exempt from all other duties, taxes, fees, charges or exactions, imposed on or in connec- tion with importation, in excess of those imposed on the day of the signature of this Agreement or required to be imposed thereafter under laws of Iceland in force on that day. 2. Schedule I shall have full force and effect as an integral part of this Agreement. ARTICLE VIII 1. Articles the growth, produce or manufacture of Iceland enumer- ated and described in Schedule II annexed to this Agreement shall, on their importation into the United States of America, be exempt from ordinary customs duties in excess of those set forth and provided for in the said Schedule, subject to the conditions therein set out. The said articles shall also be exempt from all other duties, taxes, fees, charges or exactions, imposed on or in connection with importation, in excess of those imposed on the day of the signature of this Agreement or required to be imposed thereafter under laws of the United States of America in force on that day. 2. Schedule II and the notes included therein shall have full force and effect as integral parts of this Agreement. ARTrICE IX The provisions of Articles VII and VIII of this Agreement shall not prevent the Government of either country from imposing at any time on the importation of any article a charge equivalent to an in- ternal tax imposed in respect of a like domestic article or in respect of a commodity from which the imported article has been manufactured or produced in whole or in part. ARTICLE X In respect of articles the growth, produce or manufacture of the United States of America or of Iceland enumerated and described in Schedules I and II, respectively, imported into the other country, on which ad valorem rates of duty, or duties based upon or regulated in any manner by value, are or may be assessed, the general principles applicable in the respective countries for determining dutiable value and converting currencies shall not be altered so as to impair the value of any of the concessions provided for in this Agreement.

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