What is the tolerance threshold under the EU-New Zealand?

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

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EU-New Zealand - HS 70

EU-New Zealand Free Trade Agreement

21 reglesTolerance: 10%2024

70017001

CTH

CTH: All non-originating materials used in the production of the good have undergone a change in tariff classification at the 4-digit level (tariff heading).

RVC

The good has a Regional Value Content (RVC) as calculated under Article 4 of the Origin Reference Document of not less than 40%, whether using the build-up method or build-down method (RVC40).

40% ex-works

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