Accounting segregation
Also called: inventory management method
A method allowed under many preferential agreements for managing stocks of originating and non-originating materials that are identical and interchangeable without storing them physically apart. Records must show that no more goods are treated as originating than physical separation would have produced.
In practice
Accounting segregation helps manufacturers with mixed stocks of the same input, but customs may require an authorisation and strict records.
EU
Türkiye
UKRelated terms
- Originating materials
- Materials used in production that themselves qualify as originating under the agreement, either because they are wholly obtained or because they were…
- Non-originating materials
- Materials used in production that do not qualify as originating, including inputs from third countries and inputs of undetermined origin.…
- Preferential origin
- Origin status under the rules of a specific free trade agreement or unilateral preference scheme that entitles goods to a reduced or zero duty. It is…