Product Specific Rules definition

Product Specific Rules means the rules that specify that the non originating materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy an ad valorem criterion or a combination of any of these criteria;
Product Specific Rules are rules that specify that the materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy an ad valorem criterion or a combination of any of these criteria.
Product Specific Rules means the rules that specify that the materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy a RVC or a combination of any of these criteria; and production means methods of obtaining goods including growing, mining, harvesting, raising, breeding, extracting, gathering, collecting, capturing, fishing, trapping, hunting, manufacturing, processing or assembling goods.

Examples of Product Specific Rules in a sentence

  • After all, that is how mod- ern society was sketched in ancient Greece.

  • For the purposes of Article 2.1(b) (Originating Goods), a good shall qualify as an originating good of a Party if it satisfies all applicable requirements of the Product Specific Rules.

  • CHAPTER 3; Article 4: RVC 40%, and the final process of production is performed within a Party, or CTH Annex 2: Product Specific Rules Contingency Measures Anti - Dumping : CHAPTER 1; Article 3: as per WTO/GATT Countervailing Duties : CHAPTER 1; Article 3: as per WTO/GATT Safeguards : CHAPTER 7 Standards :CHAPTER 5: SPS, CHAPTER 6: TBT and Standards Notes : AANZFTA has been ratified by all FTA member countries since 11 November 2011.

  • The FTA Joint Committee, upon recommendation of the Committee on Trade in Goods and the ROO Sub-Committee, shall adopt the transposition of Annex 2 (Product Specific Rules) that is in the nomenclature of the revised HS Code following periodic amendments to the HS Code.

  • If a Party considers that there is a need to make amendments to Annex 4 (Product Specific Rules of Origin), that Party may submit a modification proposal to the other Party, along with supporting rationale and studies.

  • With regard to the change in tariff classification requirements, specified in Annex 4 (Product Specific Rules of Origin), accessories, spare parts, tools, and instructional and information materials presented with the good upon importation shall be disregarded in the determination of the origin of the good, provided that these are classified with and not invoiced separately from the good.

  • A change in tariff classification requires that the non-originating materials used in the production of the goods undergo a change in tariff classification as specified in Annex 4 (Product Specific Rules of Origin) as a result of production processes performed in the territory of one or both Parties.

  • A good that does not meet the change in tariff classification, pursuant to Annex 4 (Product Specific Rules of Origin), shall be considered to be originating if the value of all non-originating materials used in its production not meeting the change in tariff classification does not exceed 10% of the value of the good, determined pursuant to Article 26 (Regional Value Content (RVC)).

  • The ROO Sub-Committee shall commence a review of the application of the chemical reaction rule and other chemical process rules to Chapters 28 to 40 of the HS Code and other Product Specific Rules identified by Parties, no earlier than 12 months and no later than 18 months, following entry into force of this Agreement.

  • For the purposes of this Chapter, including Annex 2 (Product Specific Rules Schedule), the references to tariff classification are to the HS applied in a Party at the time preference is claimed.


More Definitions of Product Specific Rules

Product Specific Rules means rules that specify that the materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy a Regional Value Content criterion or a combination of any of these criteria.
Product Specific Rules are rules that specify that the materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy an ad valorem criterion or a combination of any of these criteria. (g) “Indirect material” means a good used in the production, testing or inspection of a good but not physically incorporated into the good, or a good used in the maintenance of buildings or the operation of equipment associated with the production of a good, including: (i) Fuel and energy; (ii) Tools, dies, and moulds; (iii) Parts and materials used in the maintenance of equipment andbuildings; (iv) Lubricants, greases, compounding materials, and other materials used in production or used to operate equipment and buildings; (v) Gloves, glasses, footwear, clothing, safety equipment, and supplies; (vi) Equipment, devices, and supplies used for testing or inspectingthe goods; (vii) Catalysts and solvents; and any other goods that are not incorporated into the good but whose use in the production of the good can reasonably be demonstrated to be part of that production; (h) “Non-originating material” used in production means any material whose country of origin is other than that of the Parties and any material whose origin cannot be determined; (i) “Production” includes methods of obtaining goods including manufacturing, producing, assembling, processing, raising, growing, breeding, mining, extracting, harvesting, fishing, trapping, gathering, collecting, hunting and capturing. Article 13 Origin Criteria For the purposes of this Agreement, products imported by a Party shall be deemed to be originating and eligible for preferential concessions if they conform to the origin requirements under any one of the following: (a) products which are wholly obtained or produced as set out and defined in Article 14; or (b) products not wholly obtained or produced provided that the said products are eligible under Article 15, Article 16 or Article 17. Article 14
Product Specific Rules. The second, and most common way to be considered Australian is to meet a product specific rule. Product specific rules are based on the Change of Tariff Classification method of determining origin, where the rules require a substantial transformation to any imported goods. To use a very simple example, if you import honey into Australia in bulk and bottle it into novelty jars and re-export, it is still honey, you haven’t substantially changed the nature of the product. However, if you import honey, oats, cinnamon and flour and bake biscuits for export, you have substantially changed the nature of the goods and they can be treated as Australian. However, rather than name products or ingredients in these rules, the rules use Harmonised System Tariff codes. These are the codes that are allocated to all products in the world and are used by all customs authorities. For an example of how this works, look at the diagram of the manufacture of vacuum cleaners in Malaysia, and how they can use imported product, but still be considered as Malaysian under the Australia NZ ASEAN Free Trade Agreement (AANZFTA) Figure 2: Application of CTC TIP 3 Get to know your supply chain so you can be confident that you meet the rule. Giving false evidence to customs authorities for a duty concession is illegal, even if it isn’t intentional. Buying in Australia does not mean that it is an Australian product. The Malaysian manufacturer has converted products with the codes 8482 from Germany, 7320 from China and 8412 from Japan into a new product, 8508, also known as a vacuum cleaner. However, if the rule stated that the vacuum cleaner, 8508, can be made from any code except products whose code starts with the number 84, eg the ball bearings (8481 from Germany) and motors (8412 from Japan), would mean that the product did not qualify for AANZFTA and would be treated by Australian Customs like any non-FTA product. This is the trap of the rules. Companies need to check that their supply chain arrangements can meet the rule for their product. If this was the case for the Malaysian exporter, then he may be lucky and have another rule that he can meet. Regional Value Content Rule Regional Value content (RVC) is usually calculated using the build-down or indirect method: This means that you take your export price, which includes all costs and profit, deduct the value of the imports (non- originating materials), divide by the export price and multiply by 100% to reach a regional value conten...
Product Specific Rules means rules that specify that the materials have undergone a change in tariff classification or a specific manufacturing or processing operation, or satisfy a Regional Value Content criterion or a combination of any of these criteria. ARTICLE 26 ORIGIN CRITERIA‌ For the purposes of this Agreement, a good imported into the territory of a Member State from another Member State shall be treated as an originating good if it conforms to the origin requirements under any one of the following conditions: (a) a good which is wholly obtained or produced in the exporting Member State as set out and defined in Article 27; or (b) a good not wholly obtained or produced in the exporting Member State, provided that the said goods are eligible under Article 28 or Article 30. ARTICLE 27‌WHOLLY OBTAINED OR PRODUCED GOODS Within the meaning of Article 26(a), the following shall be considered as wholly obtained or produced in the exporting Member State: (a) Plant and plant products, including fruit, flowers, vegetables, trees, seaweed, fungi and live plants, grown and harvested, picked or gathered in the exporting Member State; (b) Live animals, including mammals, birds, fish, crustaceans, molluscs, reptiles, bacteria and viruses, born and raised in the exporting Member State; (c) Goods obtained from live animals in the exporting Member State; (d) Goods obtained from hunting, trapping, fishing, farming, aquaculture, gathering or capturing conducted in the exporting Member State; (e) Minerals and other naturally occurring substances, not included in paragraphs (a) to (d) of this Article, extracted or taken from its soil, waters, seabed or beneath its seabed; (f) Products of sea-fishing taken by vessels registered with a Member State and entitled to fly its flag and other products4 taken from the waters, seabed or beneath the seabed outside the 4 “Other products” refers to minerals and other naturally occurring substances extracted from the waters, seabed or beneath the seabed outside the territorial waters. territorial waters5 of that Member State, provided that that Member State has the rights to exploit such waters, seabed and beneath the seabed in accordance with international law6; (g) Products of sea-fishing and other marine products taken from the high seas by vessels registered with a Member State and entitled to fly the flag of that Member State; (h) Products processed and/or made on board factory ships registered with a Member State and entitled to fly the flag of tha...
Product Specific Rules means rules that require the materials undergo a change in tariff classification or a specific manufacturing or processing operation, or satisfy the local value content criterion or a combination of these criteria.
Product Specific Rules means the rules set out in Annex 3-B and set out in Schedule 2 of these Regulations;

Related to Product Specific Rules

  • Product Specific Terms means the terms applicable to a specific item of Licensed Software as set out in Schedule 2;

  • Product Specifications means the specifications, features and/or terms of any "Contract" (as defined in the LME Rules) listed for trading on the LME, as described in the LME Rules;

  • Product Specification means a product specification for a Medical Device set out in Schedule 2;

  • Project Specific IPRs means: (a) IPRs in the Services provided by the Supplier (or by a third party on behalf of the Supplier) specifically for the purposes of the Contract and all updates and amendments of these items created during the Contract Period; and/or (b) IPRs arising as a result of the provision of the Services by the Supplier (or by a third party on behalf of the Supplier) under the Contract, [including the rights in or to any database developed and supplied by the Supplier to the Customer in accordance with the terms of this Contract;

  • Contract Specifications means the principal trading terms in CFD (for example Spread, Swaps, Lot Size, Initial Margin, Necessary Margin, Hedged Margin, the minimum level for placing Stop Loss, Take Profit and Limit Orders, financing charges, charges etc) for each type of CFD as determined by the Company from time to time.

  • cGMP means current Good Manufacturing Practice as set forth in the United States Federal Food, Drug, and Cosmetic Act, as amended, and includes all rules and regulations promulgated by the FDA thereunder.

  • Project specific information means such part of the Instructions to Consultants used to reflect specific project and assignment conditions.

  • cGMPs means current good manufacturing practices as described in Parts 210 and 211 of Title 21 of the United States’ Code of Federal Regulations, together with the latest FDA guidance documents pertaining to manufacturing and quality control practice, all as updated, amended and revised from time to time;

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Manufacturing Process means any process for—

  • Product Schedule means PTC’s standard order form entitled “PTC Product Schedule” (including all schedules, attachments and other document(s) specifically referenced therein) or such alternative order form as may be submitted by Customer and accepted by PTC, in each case that specifies (i) the Licensed Products and/or Services ordered; and (ii) for Licensed Products, the installation address (including the Designated Country) and the Licence Term.

  • technical specification means, with respect to any Software, the document setting forth the technical specifications for such Software and included in the Statement of Work.

  • District Specifications means the specifications followed by the State Government in the area where the work is to be executed.

  • SOPs has the meaning set forth in Section 3.7.

  • Quality Agreement has the meaning set forth in Section 9.6.

  • Diagnostic clinical procedures manual means a collection of written procedures that describes each method (and other instructions and precautions) by which the licensee performs diagnostic clinical procedures; where each diagnostic clinical procedure has been approved by the authorized user and includes the radiopharmaceutical, dosage, and route of administration.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Contract Specific Goals means the subcontracting goals for MBE and WBE participation established for a particular contract.

  • Technical Specifications means the detailed requirements for the Work furnished by the Architect and set forth in Book 3 of the Contract Documents.

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Detailed manufacturing or process data means technical data that describe the steps, sequences, and conditions of manufacturing, processing or assembly used by the manufacturer to produce an item or component or to perform a process.

  • Manufacturing Materials means parts, tools, dies, jigs, fixtures, plans, drawings, and information produced or acquired, or rights acquired, specifically to fulfill obligations set forth herein.

  • Drug sample means a unit of a prescription drug that is not intended to be sold and is intended to promote the sale of the drug.

  • District specification means the specifications followed by the State Govt. in the area where the work is to be executed.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • API means American Petroleum Institute.