free trade agreement between the efta states and the republic of serbia

- 23 -HS HeadingDescription of ProductWorking or Processing, Carried out on Non-Originating Materials,Which Confers Originating Status(1) (2) (3) or (4)ex 3403Lubricating preparationscontaining less than 70 % byweight of petroleum oils or oilsobtained from bituminousmineralsOperations of refining and/orone or more specificprocess(es) ( 13 )orOther operations in which allthe materials used areclassified within a headingother than that of the product.However, materials of thesame heading as the productmay be used, provided thattheir total value does notexceed 50 % of the ex-worksprice of the product3404 Artificial waxes and preparedwaxes:- With a basis of paraffin,petroleum waxes, waxesobtained from bituminousminerals, slack wax or scalewaxManufacture from materials ofany heading, except that of theproduct. However, materials ofthe same heading as theproduct may be used, providedthat their total value does notexceed 50 % of the ex-worksprice of the product- Other Manufacture from materials ofany heading, except:- hydrogenated oils having thecharacter of waxes ofheading 1516,Manufacture in which the valueof all the materials used does notexceed 40 % of the ex-worksprice of the product- fatty acids not chemicallydefined or industrial fattyalcohols having the characterof waxes of heading 3823, and- materials of heading 3404However, these materials maybe used, provided that theirtotal value does not exceed20 % of the ex-works price ofthe product13For the special conditions relating to "specific processes", see Introductory Notes 7.1 and 7.3.