Local Value Addition definition

Local Value Addition means the enhancement of value of the unit price of the imported goods made at the factory and it is calculated by using the following equation.
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Local Value Addition means the enhancement of value of the unit price of the imported goods made at the factory and it is calculated by using the following equation. local value addition = (ex-factory price (wholesale price)) – (CiF Value of imported materials) x100%ex-factory (wholesale price) Price
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Examples of Local Value Addition in a sentence

  • Details of the Location at which the Local Value Addition is made …………………………………………...

  • Performa for Submission of the List of the Goods, Works & Services Tentatively Proposed to be Offered with Local Value Addition S.

  • The parameters used during monitoring visits usually include the following: Background Information/ History of the company Nature of products/ Types of services Plant capacity utilization Production volume Programmes put in place to ensure gradual import substitution through local sourcing or manufacturing of the products Level of employment and categories of Nigerian professionals understudying the expatriates to facilitate the absorption of technology Local Value Addition i.

  • Maximizing Local Value Addition in Indian Mobile Phone Manufacturing: A Practical Phased Approach.

  • CAMI/CEO forum 2008 The 18th session of the Conference of African Ministers of Industry (CAMI-18) was organized under the theme: ‘Towards the Accelerated Industrial Development of Africa – the Need for Local Value Addition and Transformation of Raw Materials.’ It took place in Durban on 24-25 October 2008.

  • Performa for Submission of the List of the Goods, Works & Services Tentatively Proposed to be Offered with Local Value Addition S.No.Description of Items (Goods/Works/Services)VendorLocation% of Local content (Ref.

  • The Incentives disbursed to a manufacturerwill be calculated as per the formula mentioned above in this Clause and will dependon sales or the maximum eligible capacity awarded under the SIGHT scheme, whicheveris less; actual Performance and actual Local Value Addition achieved, provided that only those Electrolysers will be counted in sales whose performance and LVA satisfy thelevels as per Clause 33.2 of the RfS.

  • Annexure-V (Undertaking as per Clause A 2.4 of NIT) Proforma for Submission of the List of the Goods, Works & Services Tentatively Proposed to be Offered with Local Value Addition S.

  • The percentage of Local Value Addition will be calculated as follows: [(Sale value of Electrolysers as per GST invoice excluding net domestic indirect taxes and returns) – (Value of direct and indirect imported materials and services (including all Customs Duty) as per Bill of Entry filed in Customs, used in manufacturing of Electrolysers)] / [Sale value of Electrolysers as per GST invoice excluding net domestic indirect taxes and returns] x 100%.

  • The local telecom manufacturers submitted that self certification of PMA compliance by industry should be abolished and Verification of the Local Value Addition by third parties be considered.

Related to Local Value Addition

  • Historical cost means the actual cost incurred in acquiring and preparing a fixed asset for use. Historical cost includes such planning costs as feasibility studies, architects' fees, and engineering studies. Historical cost does not include "start-up costs" as defined in this rule.

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Actual Value means the greenhouse gas emissions savings for some or all of the steps of a specific biofuel, bioliquid or biomass fuel production process, calculated in accordance with the methodology laid down in Part C of Annex V or Part B of Annex VI;

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Reasonable Additional Expenses means expenses for meals, taxi fares, essential telephone calls, local transportation, and lodging which are necessarily incurred as the result of Trip Delay and which are not provided by the Common Carrier or any other party free of charge.

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Qualified local governmental unit means that term as defined in the obsolete property rehabilitation act, 2000 PA 146, MCL 125.2781 to 125.2797.

  • Instrumental activities of daily living or “IADL” means tasks consisting of housekeeping, laundry, shopping, transportation, medication management and meal preparation.

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff. Deactivation Date:

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Base flood means the flood having a one percent chance of being equaled or exceeded in any given year.

  • Domestic abuse means the following, if committed against a family or household member by a family or household member:

  • Certified local government means a historic preservation program established by county or municipal ordinance that is certified by the Secretary of the Interior pursuant to 36 CFR Part 61, the implementing regulations for the National Historic Preservation Act of 1966, as amended.

  • Maximum allowable cost list means a list of drugs for