Business Terms and Jargon Explained

What is Pre-Financing

Tax Definition:-

System permitting payment of Common Agricultural Policy (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.

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

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Term created / updated 2006-11-28 15:18:50

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