Glossary search results for "F" (9)
List of terms in glossary:
If the application of the common customs tariff duty rate depends on the entry price of the imported consignment, the veracity of the price is checked using a flat-rate import value calculated by the Commission, by product and by origin, on the basis of the weighted average of prices for the product on member countries' representative import markets or on other markets, where appropriate.
Method of exporting goods, where risks and costs are transferred alongside the ship at the port of loading. The customs clearance formalities, costs and risks are borne by the buyer from then on.
Method of exporting goods, where the seller's obligations are fulfilled once the duty-paid goods are delivered to the buyer's appointed carrier at the agreed place. The term can refer to all means of transport – air, rail, road, sea or a combination of these.
The consigner meets the sending costs.
Method of exporting goods, where the cost of delivering the goods to the nearest port is included in the price of the product but the buyer is responsible for the shipping from there and all other fees associated with getting the products to its destination. It is a widely used international shipping term.
Method of exporting goods, where the seller is required to deliver the goods on board the rail. Thus, the seller has to bear all expenses upto and including shipment of goods on behalf of the buyer.
Once the goods are put on board on rail, the property in the goods passes to the buyer and they are at the risk of the buyer, who is responsible for their freight, insurance and subsequent expenses.
Transport of goods executed by a carrier, under the terms of an agreement with the consigner.
Provision of trade agreements that allows cumulation to be applied between any number of countries to goods not originating in the FTA member country and processed in the FTA territory. Full cumulation allows cumulating origin-counting processing added across the FTA territory even when the initial input is not originating. Full cumulation is the most flexible type of cumulation.
Materials that are of the same kind and commercial quality, with the same technical and physical characteristics, and which cannot be distinguished from one another once they are incorporated into the final product.