What is the tolerance threshold under the EVFTA?

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

EVFTA - HS 66

EU-Vietnam Free Trade Agreement (EVFTA)

1 rulesTolerance: 10%2020

6600-6699Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops, and parts thereof.

CTH

Manufacture from materials of any heading, except that of the product.

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 70% of the ex-works price of the product.

70% ex-works