Cumulative Rules of Origin. For the purposes of Article 2 (Originating Goods), a good which complies with the origin requirements provided therein and which is used in another Party as a material in the production of another good shall be considered to originate in the Party where working or processing of the finished good has taken place.
Cumulative Rules of Origin. 1. A good is originating if the good is produced in one or more of the Parties by one or more producers, provided that the good satisfies the requirements in Article 2 and all other applicable requirements in this Chapter.
2. Originating goods or materials of any of the Parties used in the production of a good in another Party shall be considered to originate in the latter Party.
3. Production that occurs in the territory of one or more of the Parties by one or more producers may count as originating content in the origin determination of a good regardless of whether that production was sufficient to confer originating status to the materials themselves.
Cumulative Rules of Origin. In respect of a product, which complies with the origin requirements provided in rule 5(b) and is exported by any Contracting Party and which has used material, parts or products originating in the territory of the other Contracting Party, the value addition in the territory of the exporting Contracting Party shall be not less than 30 per cent of the f.o.
Cumulative Rules of Origin. The Cumulative Rules of Origin encourage the contracting states ( India and Sri Lanka ) to source raw materials needed for their exports from each other. Accordingly, an exporter has to show only a minimum DVA of 25% of the FOB value of the finished product, provided the raw materials imported from the other contracting state accounts for not less than 10% of the FOB value of the particular product. (In other words, the aggregate value addition should not be less than 35% of the FOB value of the finished product, while the DVA in the exporting country should be minimum 25% of the FOB value) Director General of Commerce, Department of Commerce, 4th Floor, Rakshana Mandiraya, Colombo 2. Sri Lanka. Tel: 94 - 0 - 0000000 Fax: 94 - 0 - 0000000 Email: xxxxxxxx@xxx.xxx.xx (Department of Commerce) (Ministry of Commerce & Industry, Government of India) 3rd Floor - NDYMCA Cultural Centre Building, 0, Xxxxxxxx Xxxx,New Delhi - 110 001. Tel: +00-00-00000000/ 00000000/ 00000000 Fax: +00-00-00000000 E -mail: xxx@xxxxxxxx.xxx.xx Website: xxx.xxxxxxxx.xxx.xx