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

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

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EU-Faroe Islands - HS 37

EU-Faroe Islands Agreement

6 rulesTolerance: 10%1997

3701Photographic plates and film in the flat, sensitised, unexposed, of any material other than paper, paperboard or textiles; instant print film in the flat, sensitised, unexposed, whether or not in packs ▸ Instant print film for colour photography, in packs

MaxNOM

Manufacture from materials of any heading, except those of heading 3701 and heading 3702. However, materials of heading 3702 may be used, provided that their total value does not exceed 30% of the ex-works price of the product.

30% ex-works

OR - alternative rule

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

MaxNOM

30% ex-works

OR - alternative rule

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-Faroe Islands - HS 37

Headings with specific rules(5)

Related pages

Headings with specific rules(5)