What is the tolerance threshold under the EVFTA?

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

EVFTA - HS 42

EU-Vietnam Free Trade Agreement (EVFTA)

1 reglesTolerance: 10%2020

4200-4299Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk worm gut).

CTH

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

O - regla alternativa

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

4200-4299Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk worm gut).

CTH

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

O - regla alternativa

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

4200-4299Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk worm gut).

CTH

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

O - regla alternativa

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

4200-4299Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk worm gut).

CTH

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

O - regla alternativa

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