Methods and standards / Concept Glossary / Fees received for the production carried out under sub-contracted operations
Concept selected: Fees received for the production carried out under sub-contracted operations
Definition
It comprises the totals invoiced by the legals units for the production carried out under sub-contracted operations. In the production under sub-contracted operations, the materials used for the manufacture of products have been provided by the principals and sub-contractors can include the provision of a small quantity of additional materials for this work.It includes the cost of containers and packaging and excludes VAT and other indirect taxes, transport charges separately invoiced and discounts granted to the customer).