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;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

For a good not specified in Annex 2 (Product Specific Rules), a Party shall permit the producer or exporter of the good to decide whether to use Paragraph 1(a) or (b) when determining if the good is originating.
If a good is specified in Annex 2 (Product Specific Rules) and the relevant provisions of that Annex provide a choice of rule between a regional value content based rule of origin, a change in tariff classification based rule of origin, a specific process of production, or a combination of any of these, a Party shall permit the producer or exporter of the good to decide which rule to use in determining if the good is originating.
In accordance with Paragraph 1, a good subject to Product Specific Rules shall be treated as an originating good if it meets those Product Specific Rules.
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.
CHAPTER 3; Article 4: RVC 40%, and the final process of production is performed within a Party, or CTH Annex 2: Product Specific Rules Anti - Dumping : CHAPTER 1; Article 3: as per WTO/GATT Countervailing Duties : CHAPTER 1; Article 3: as per WTO/GATT Safeguards : CHAPTER 7 AANZFTA has been ratified by all FTA member countries since 11 November 2011.
The Parties, through the FTA Joint Commission or a relevant subsidiary body, shall endorse and promptly publish a technical revision to Annex 2 (Product Specific Rules Schedule) to reflect each periodic amendment to the HS.
Packing materials and containers in which a good is packaged for retail sale, when classified together with that good shall not be taken into account in determining whether all of the non-originating materials used in the production of the good have met the applicable change in tariff classification or production process requirements as set out in Annex 2 (Product Specific Rules Schedule).
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.
Paragraph 1 shall prevail over the product specific rules set out in Annex II (Product Specific Rules of Origin).
Where a good is subject to change in tariff classification criterion set out in Annex II (Product Specific Rules of Origin), accessories, spare parts, or tools described in paragraph 1 shall be disregarded when determining the origin of the good.

More Definitions of Product Specific Rules

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 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

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.

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 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 percentage of value) or a combination of any of these criteria.

Product Specific Rules means the rules set out in Annex 3-B and set out in Schedule 2 of these Regulations;