What is the tolerance threshold under the EU-Faroe Islands?

The general tolerance is 10% of the ex-works value of the finished product.

EU-Faroe Islands - HS 85

EU-Faroe Islands Agreement

48 RegelnToleranz: 10%1997

8501Electric motors and generators (excluding generating sets)

MaxNOM

Manufacture in which: - the value of all the materials used does not exceed 40% of the ex-works price of the product, and - within the above limit, the value of all the materials of heading 8503 used does not exceed 10% of the ex-works price of the product.

40% ex-works

ODER - alternative Regel

MaxNOM

Manufacture in which the value of all the materials used does not exceed 30% of the ex-works price of the product.

30% ex-works

EU-Faroe Islands - HS 85

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Positionen mit spezifischen Regeln(31)