Term:
Reimportation of goods in the same state
Definition:
This term "means the customs procedure under which goods which were exported and were in free circulation or were compensating products may be taken into home use free of import duties and taxes, provided that they have not undergone any manufacturing, processing or repairs abroad" (Kyoto Convention, annex B.3, definition (a)).
Domain:
International Trade
Source:
OECD glossary