Customs authorities and logistics planners use the value-added rate to determine what proportion of inbound raw materials or semi-finished goods actually undergoes value-adding treatment—further manufacturing, assembly, kitting, or packaging.
Source: https://wirtschaftslexikon.gabler.de/definition/veredelung-37014
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.