Business Terms and Jargon Explained

What is Outward Processing Relief

Tax Definition:-

Outward Processing Relief - a system of duty relief that gives full or partial relief from import duty when European Union (EU) goods are exported outside the EU for process or repair and are subsequently re-imported.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Gazumping Cold Wallet Tala
B2B Lari Gratuitous
Guardianship order Spam Inti
Credit Concentration Business Promotion Scheme Backup
Cancellation Period Excise Duty Encode
Procureur Billion Quantum
Charities Alternate bid Chief Rent
Know your client DNS On Consignment
External growth Benefits in kind Treeware
Shortfall Common Position - EU Activities of daily living (ADL)
Customs Release Entitled Vessel Crowding Out
Interest rate risk Ademption Vendors
Payback Lawyer Direct tax

Term created / updated 2006-12-03 23:26:24

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.