LVC definition

LVC is the LVC of a good, expressed as a percentage;and (c) "VNM" is the value of non-originating materials used in the production of a good. 3. FOB referred to in subparagraph 2(a) shall be the value: (a) adjusted to the first ascertainable price paid fora good from the buyer to the producer of the good,if there is free-on-board value of the good, but itis unknown and cannot be ascertained; or (b) determined in accordance with Articles 1 through 8of the Agreement on Customs Valuation, if there isno free-on-board value of a good.
LVC means livestock value chain.
LVC is the LVC of a good, expressed as a percentage; and

Examples of LVC in a sentence

  • Task orders requiring work in this area will require contractor subject matter expertise for the MCoE and Proponent Schools in the set-up, conduct, execution, and documentation of live, constructive, and virtual (LVC) simulation exercises and analytical studies, using the Integrated Training Environment (ITE), which links a combination of: selected training aids (LVC), devices, simulators and simulations (TADSS); infrastructure; Battle Command (BC) systems; and a training scenario framework.

  • For the purposes of this Article: (a) "FOB" is, except as provided for in paragraph 3, thefree-on-board value of a good, inclusive of the costof transport from the producer to the port or site of final shipment abroad; (b) "LVC" is the LVC of a good, expressed as a percentage;and (c) "VNM" is the value of non-originating materials used in the production of a good.

  • For the purposes of calculating the LVC of a good, thefollowing formula shall be used: FOB -VNM LVC = x 100 % FOB 2.

  • If a good is subject to an LVC-based rule of origin, thevalue of the accessories, spare parts, tools, and instructional or other information materials shall be taken into account as the value of the originating or non-originating materials, asthe case may be, in calculating the LVC of the good.

  • If a good is subject to an LVC-based rule of origin, thevalue of the packing materials and containers in which the goodis packaged for retail sale shall be taken into account asoriginating or non-originating materials, as the case may be,in calculating the LVC of the good.


More Definitions of LVC

LVC is the local value content, expressed as a percentage; “AV” is the appraised value; and
LVC means Lower Volcanic Complex.
LVC means lease variation charge.
LVC means Longer Vehicle Combination. These vehicle combinations are defined in C.R.S. 42-4-505.
LVC means Lower Volcanic Complex. "m" means metres.
LVC means the lease variation charge that applies to a chargeable lease variation and which must be paid before the proposed lease variation can be executed (refer s276B of the Act). This requirement does not apply to lease variations that are not “chargeable variations” and does not apply to variations of leases for which more than a nominal rent is paid. The LVC is worked out under s276C.
LVC means “lease variation charge” ie the charge that must be paid before a