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 87

EU-South Korea Free Trade Agreement

4 RegelnToleranz: 10%2011

8701-8707Vehicles other than railway or tramway rolling-stock; bodies and chassis fitted with engines for the motor vehicles of headings 8701 to 8705; bicycles

MaxNOM

Manufacture in which the value of all the materials used does not exceed 45% of the ex-works price of the product.

45% ex-works

Positionen mit spezifischen Regeln(4)

8701-8707Vehicles other than railway or tramway rolling-stock; bodies and chassis fitted with engines for the motor vehicles of headings 8701 to 8705; bicycles

MaxNOM

8708-8711Parts and accessories for vehicles of headings 8701 to 8705 and 8711 to 8713; Motorcycles; Works trucks and parts thereof; carriages; baby carriages and parts thereof; Trailers and semi- trailers and parts thereof

CTH

8712Vehicles other than railway or tramway rolling-stock; bodies and chassis fitted with engines for the motor vehicles of headings 8701 to 8705; bicycles

MaxNOM

8713-8716Parts and accessories for vehicles of headings 8701 to 8705 and 8711 to 8713; Motorcycles; Works trucks and parts thereof; carriages; baby carriages and parts thereof; Trailers and semi- trailers and parts thereof

CTH

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