Processed products
Also called: compensating products · işlem görmüş ürün
Goods that result from processing operations carried out under inward or outward processing, including main products and secondary by-products. Their fate, such as export or release for free circulation, determines how the procedure is discharged.
In practice
If processed products are sold domestically, duty may be calculated on the imported inputs, so the choice of calculation basis matters.
EU
Türkiye
UKRelated terms
- Rate of yield
- The quantity or percentage of processed products obtained from a given quantity of goods placed under inward or outward processing. It is set in the…
- Inward processing
- A special procedure allowing non-Union goods to be imported without duty for processing, repair or other operations, with the processed products then…
- Outward processing
- A special procedure allowing goods in free circulation to be exported temporarily for processing or repair abroad and then re-imported with total or…