RVC (40) definition

RVC (40) means that the good must have a regional value content of not less than 40 per cent as calculated under Article 4.
View Source
RVC (40) means that the good has a regional value content, calculated using the formula set out in Article 27, of not less than forty (40) per cent, and the final process of production has been performed in a Party; Note: For the purposes of this Annex, subparagraph 2(a) of Article 27 shall apply.
View Source
RVC (40) means that the good has a regional value content, calculated using the formula set out in Article 27, of not less than forty (40) per cent, and the final process of production has been performed in a Party;
View Source

Examples of RVC (40) in a sentence

  • 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.

  • Chapter 3; Article 29 (1) (c) ; RVC 40% and Change in tariff classification Annex 2: product specific rules Non-tariff measures provisions in Article 23.

  • For example, an RCEP originating bicycle tyre (HS 4011.50) from China is exported to Australia and used in the production of a bicycle (HS 8712) with a PSR of CTH or RVC (40).

  • RVC 40% Chapter 24 Tobacco and manufactured tobacco substitutes 24.01 Unmanufactured tobacco; tobacco refuse.

  • RVC 40% Chapter24 Tobacco and manufactured tobacco substitutes 24.01 Unmanufactured tobacco; tobacco refuse.


More Definitions of RVC (40)

RVC (40) means that the good must have a regional value content of not less than 40 per cent
View Source