Rate of yield
Also called: output rate · randıman
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 authorisation, from production data or standard rates, and is used to discharge the procedure.
In practice
An inaccurate rate of yield distorts the duty calculation on waste, by-products and unaccounted inputs.
EU
Türkiye
UKRelated terms
- 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…
- Processed products
- Goods that result from processing operations carried out under inward or outward processing, including main products and secondary by-products. Their…
- Bill of discharge
- The statement the holder of an inward processing or end-use authorisation sends to customs to show how the goods placed under the procedure were used…