Common use of Fungible Goods and Materials Clause in Contracts

Fungible Goods and Materials. 1. For purposes of determining whether a good is an originating good: (a) where originating and non-originating fungible materials are used in the production of a good, the determination of whether the materials are originating need not be made through the identification of any specific fungible material, but shall be determined on the basis of any of the inventory management methods set out in the Uniform Regulations; and (b) where originating and non-originating fungible goods are commingled and exported in the same form, the determination shall be made on the basis of any of the inventory management methods set out in the Uniform Regulations. 2. Once a decision has been taken on the inventory management method, this method shall be used throughout the fiscal year.

Fungible Goods and Materials. 1. For purposes of determining whether a good is an originating good: (a) where originating and non-originating fungible materials are used in the production of a good, the determination of whether the materials are originating need not be made through the identification of any specific fungible material, but shall may be determined on the basis of any of the inventory management methods set out in the Uniform Regulations; and (b) where originating and non-originating fungible goods are commingled and exported in the same form, the determination shall may be made on the basis of any of the inventory management methods set out in the Uniform Regulations. 2. Once a decision has been taken on the inventory management method, this method shall be used throughout the fiscal year.

Fungible Goods and Materials. 1. For purposes of determining whether a good is an originating good: (a)  a. where originating and non-originating fungible materials are used in the production of a good, the determination of whether the materials are originating need not be made through the identification of any specific fungible material, but shall may be determined on the basis of any of the inventory management methods set out in the Uniform Regulations; and (b)  b. where originating and non-originating fungible goods are commingled and exported in the same form, the determination shall may be made on the basis of any of the inventory management methods set out in the Uniform Regulations. 2. Once a decision has been taken on the inventory management method, this method shall be used throughout the fiscal year.