export refund

export refund
A payment made to exporters under Common Agricultural Policy ( CAP) provisions on the export to non-European Union countries of certain goods originating in the European Union ( EU), or in free circulation, where EU prices are above world prices. HM Customs & Revenue Glossary

Financial and business terms. 2012.

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  • AFC — Advance Fixing Certificate a form of export licence for Common Agricultural Policy goods. AFCs set the rate at which export refund which will be paid on exported products. Because AFCs must be applied for in advance of export, both the exporter… …   Financial and business terms

  • pre-financing — System permitting payment of CAP export refund when goods for export are placed in Customs control in warehouse, or when basic products from which goods for export are to be produced are placed in Customs control at the manufacturing premises. HM …   Financial and business terms

  • pre-finance goods — An arrangement whereby an export refund is paid on Common Agricultural Policy ( CAP) goods in advance of the actual export. Goods must be deposited in a customs warehouse or Free Zone specially approved for pre financing. HM Customs & Revenue… …   Financial and business terms

  • free circulation — Goods are in Free Circulation if they are wholly produced in the European Union ( EU), unless they are Common Agricultural Policy ( CAP) goods on which an Export Refund has been claimed. Goods imported from outside the EU are in Free Circulation… …   Financial and business terms

  • SER — Special Export Refund. HM Customs & Revenue Glossary …   Financial and business terms

  • WERS — Whisky Export Refund Scheme. HM Customs & Revenue Glossary …   Financial and business terms

  • AV — 1) Außenhandelsverband EN Foreign Trade Association 2) Ausfuhrvergütung EN export refund 3) Ausführungsvorschrift(en) EN implementation rule(s) 4) Ausführungsverordnung(en) EN implementation order(s) …   Abkürzungen und Akronyme in der deutschsprachigen Presse Gebrauchtwagen

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