Temporary Export or Outward processing
Goods may be temporarily exported for external / processing operations abroad
These goods would then re-enter the market with either total or partial relief from import duty
Total relief from import duties must be granted in the EU when reparations are needed abroad under contractual terms
Other modifications will ensure that re-imported goods are calculated on the basis of value resulting from processing operation
Outward processing can be done when either beneficial for third country (low labour costs) or when the technical expertise is non-existent in EU-countries
Procedure is undertaken before goods leave the EU and properly detailed to customs for approval
These goods would then re-enter the market with either total or partial relief from import duty
Total relief from import duties must be granted in the EU when reparations are needed abroad under contractual terms
Other modifications will ensure that re-imported goods are calculated on the basis of value resulting from processing operation
Outward processing can be done when either beneficial for third country (low labour costs) or when the technical expertise is non-existent in EU-countries
Procedure is undertaken before goods leave the EU and properly detailed to customs for approval