RVC definition

RVC means the minimum regional value content of a product, expressed as a percentage; and
RVC is the regional value content of a good, expressed as a percentage;

Examples of RVC in a sentence

  • Vacuum distillation is useful for distilling high- boiling and heat-sensitive materials such as heavy distillates in petroleum oils to produce light HS2 / HS4 HS6 Option 1 (CTC) Option 2 (RVC) Option 3 (process rule) to heavy vacuum gas oils and residuum.

  • For the purposes of Article 2, if Annex 3-B requires a good to meet a regional value requirement, the formula for calculating the regional value content will be: RVC = V – VNM x 100 where: RVC is the regional value content of a good, expressed as a percentage; V is the value of the good, as provided in paragraph 2; and VNM is the value of non-originating materials, including materials of undetermined origin.


More Definitions of RVC

RVC is the RVC of a good, expressed as a percentage; and
RVC. The Residual Value Contract entered into by the GMCA and Thermal Power Station (Runcorn) Limited (TPSCo) for the end disposal in a combined heat and power plant by thermal means of the refuse derived fuel produced from residual waste.
RVC has the meaning set forth in the Preamble.
RVC is the regional value content, expressed as a percentage; “V” is the value of the good, as determined in accordance with the provisions of the Customs Valuation Agreement, adjusted on an FOB basis; and
RVC means RVC 360, LLC, a limited liability company organized under the laws of Delaware;
RVC means RVC 360, LLC, a limited liability company organized under the laws of Florida;
RVC means the minimum “regional value content” of a product, expressed as a percentage and “MaxNOM” means the “maximum value of non-originating materials” expressed as a percentage. They are calculation methods defined by the EU-Japan EPA7. Under the PSR, exporters can choose freely which one to use to verify whether the product meets the originating criteria.