Calculation of Regional Value Content. 1. For the purposes of Article 28, the formula for calculating ASEAN Value Content or RVC is as follows: (a) Direct Method ASEAN Material Cost + Direct Labour Cost + Direct Overhead Cost + Other Cost + Profit X 100% RVC = FOB Price or
Appears in 3 contracts
Samples: Asean Trade in Goods Agreement, Asean Trade in Goods Agreement, Asean Trade in Goods Agreement
Calculation of Regional Value Content. 1. For the purposes of Article 28, the formula for calculating ASEAN Value Content or RVC is as follows:
(a) Direct Method ASEAN Material Cost + Direct Labour Cost + Direct Overhead Cost + Other Cost + Profit X 100% RVC = FOB Price orPrice
Appears in 2 contracts
Samples: Asean Trade in Goods Agreement, Asean Trade in Goods Agreement
Calculation of Regional Value Content. 1. For the purposes of Article 28, the formula for calculating ASEAN Value Content or RVC is as follows:
(a) Direct Method
(b) Indirect Method Value of Non- FOB Price - Originating Materials, Parts or Goods RVC = x 100 %
2. For the purposes of calculating the RVC provided in paragraph 1 of this Article:
(a) ASEAN Material Cost + Direct Labour Cost + Direct Overhead Cost + Other Cost + Profit X 100% RVC = FOB Price oris the CIF value of originating materials, parts or goods that are acquired or self- produced by the producer in the production of the good;
Appears in 1 contract
Samples: Asean Trade in Goods Agreement
