What is the tolerance threshold under the EU-Korea FTA?

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

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EU-Korea FTA - HS 33

EU-South Korea Free Trade Agreement

2 RegelnToleranz: 10%2011

3301Essential oils (terpeneless or not), including concretes and absolutes; resinoids; extracted oleoresins; concentrates of essential oils in fats, in fixed oils, in waxes or the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aqueous distillates and aqueous solutions of essential oils

MaxNOM

Manufacture from materials of any heading, including materials of a different 'group' in this heading. However, materials of the same group as the product may be used, provided that their total value does not exceed 20% of the ex-works price of the product. A "group" is regarded as any part of the heading separated from the rest by a semicolon.

20% ex-works

ODER - alternative Regel

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

EU-Korea FTA - HS 33

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