Local content definition

Local content means that portion of the bidding price which is not included in the imported content provided that local manufacture does take place.
Local content means the amount of value added in India which shall, be the total value of the item being offered minus the value of the imported content in the item (including all customs duties) as a proportion of the total value, in percent.
Local content means the amount of value added in India which shall, unless otherwise prescribed by the Nodal Ministry, be the total value of the items procured (excluding net domestic indirect taxes) minus the value of imported content in the item (including all customs duties) as a proportion of the total value, in percent.

Examples of Local content in a sentence

  • COMPANIES COMBINE TO FORM WORLD'S PREMIER LOCAL CONTENT AND INFORMATION SERVICES COMPANY TO THE BROADCAST INDUSTRY NEW YORK, June 2/PRNewswire/ -- Westwood One, Inc.

  • YJC shall be solely responsible for collecting and classifying Local Content, which Local Content may be integrated, at Yahoo's sole discretion, into the Yahoo Services under a directory for such Local Content (the "LOCAL CONTENT DIRECTORY"), which directory shall be created and maintained by Yahoo.

  • WE HAVE PARTNERED WITH OVER 40 CONTENT PROVIDERS TO DELIVER A WIDE RANGE OF INTERACTIVE SERVICES, INCLUDING EDUCATION, HOME SHOPPING AND BANKING, TRAVEL, ENTERTAINMENT, GAMES, NEWS, SPORT AND LOCAL CONTENT.


More Definitions of Local content

Local content means that portion of the bidding price which is not included in
Local content means the amount of value added in India which shall be the total value of the item procured (excluding net domestic indirect taxes) minus the value of imported content in the item (including all custom duties) as a proportion of the total value, in percent. Minimum local content shall be 50% for the subject tender.
Local content means that portion of the bidding price which is not included in the imported content provided
Local content. - means the amount of value added in India i.e. total value of the item (excluding local taxes) minus the value of import content in the item (including customs duty) as a proportion of the total value of the item, in percent
Local content means that portion of the bid or tender price which is not included in the imported content, provided that local manufacture does take place;
Local content means that portion of the bid price, excluding Value Added Tax (VAT), which is not included in imported content, provided that local manufacture does take place.
Local content means the amount of value added in India which shall be the total value of item (goods, services or works or their combination) under procurement (excluding net domestic indirect taxes) minus the value of imported content in the item (including all customs duties) as a proportion of the total value in percent. Different definition of Local Content may be specified by the Nodal Ministry for items assigned to them, which will prevail over above.