locally supplied vs locally procured

Both 'locally supplied' and 'locally procured' are correct phrases, but they are used in slightly different contexts. 'Locally supplied' is used when referring to goods or services that are provided from local sources, while 'locally procured' is used when talking about the act of obtaining something locally.

Last updated: March 25, 2024 • 1018 views

This phrase is correct and commonly used in English when referring to goods or services provided from local sources.

"locally supplied"

This phrase is used to describe goods or services that are sourced or obtained locally, emphasizing the origin of the products or services.

Examples:

The restaurant prides itself on using locally supplied ingredients in all its dishes.
The company aims to support the community by using locally supplied materials for its products.
The event organizers prefer locally supplied decorations to promote local businesses.
The hotel only serves locally supplied produce in its restaurant.
The store focuses on selling products that are locally supplied to reduce carbon footprint.

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The proposal allows Member States to apply reduced VAT rates for labour-intensive services and locally supplied services on a permanent basis.
In that Communication, it was concluded that different VAT rates applied to locally supplied services pose no real detriment to the smooth functioning of the internal market.
Moreover, as the Copenhagen Economics Study underlines, there may be specific benefits from operating a reduced VAT in carefully targeted sectors, such as locally supplied services.
on the use of reduced rates of VAT in the case of certain locally supplied services (7048/09 [Presse54]).
The proposal goes back to the summer of 2008 and proposes the addition of certain other locally supplied services, including restaurant services.
In the Council, the Czech Presidency is currently concentrating all its efforts on achieving a compromise concentrating on a limited number of sectors - labour-intensive, locally supplied services - to which reduced rates should be made available, as required by the European Council.
It is undisputed that different VAT rates applied to locally supplied services are of no concern for the functioning of the internal market.
· to reinforce the existence and maintenance of locally supplied services as well as their role in the formal economy.
This category includes locally supplied services: it is suggested that a reduction in VAT could persuade consumers to do less DIY and thus devote more time to their professional activities.
These services are already included in the locally supplied services (section 4.8).
In that Communication, it was concluded that different VAT rates applied to locally supplied services pose no
In that Communication, it was concluded that different VAT rates applied to locally supplied services pose no major risk to the smooth functioning of the internal market and could have positive effects in terms of job creation and the fight against the underground economy.
A text which included a list of the goods and services eligible for a reduced rate and certain other locally supplied services was adopted.
In particular, locally supplied services, in so far as they do not involve cross-border activities, have, in principle, no effect on the functioning of the internal market.
Indeed, the quick adoption of this proposal is necessary in order to give certainty about the application of reduced rates to certain locally supplied, labour-intensive services that would otherwise have to disappear at the end of 2010.
This is the case, for example, with locally supplied services which do not involve cross-border activities and therefore have, in principle, no effect on the functioning of the internal market.
There are two reasons for this addition: a) the need to treat all Member States equally, and b) because these services fulfil the same criteria as the other locally supplied services added.
insertion of locally supplied services including the introduction of permanent, updated provisions on the labour-intensive services listed in Annex IV that will expire on 31 December 2010.
Extending reduced rates of VAT to locally supplied and labour-intensive services is a positive step in this direction.
In that case, 18 Member States that currently apply reduced VAT rates on locally supplied, labour-intensive services should return to the standard rate.

Alternatives:

locally sourced
locally obtained
locally sourced
locally provided
locally sourced

This phrase is correct and commonly used in English when referring to the act of obtaining something locally.

"locally procured"

This phrase is used to describe the action of acquiring or obtaining something from local sources or within a specific region.

Examples:

The restaurant locally procures fresh vegetables from nearby farms.
The company has a policy of locally procuring raw materials to support local businesses.
The event planners prioritize locally procured decorations to showcase local craftsmanship.
The hotel prides itself on locally procured ingredients for its menu.
The store focuses on locally procured products to promote sustainability.

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reimbursement of central sales tax paid on goods procured locally;
(iv) reimbursement of central sales tax paid on goods procured locally;
In addressing the arguments, it should be recalled that, in accordance with Export and Import Policy, EOUs are entitled to reimbursement of central sales tax paid on goods procured locally.
The reimbursement to EOUs of central sales tax paid on goods procured locally is considered a countervailable subsidy for the following reasons.
Indeed, the original investigation did not establish a substantial price difference between raw materials procured locally in the PRC and those purchased at international prices.
The subsidy amount was calculated on the basis of the central sales tax reimbursed on goods procured locally and the partial reimbursement of duties paid on domestically purchased fuel during the review investigation period.
Jindal utilised the EOU to import capital goods free of import duties and to obtain a reimbursement of the central sales tax paid on goods procured locally.
The fact that a particular State may grant certain different exemptions or concession from payment of tax is not relevant when assessing the countervailability of the scheme in respect of reimbursement of central sales tax paid on goods procured locally.
This is not the case in respect of reimbursement of central sales tax paid on goods procured locally, since this tax is not refundable for companies operating on the domestic market.
In this regard the original investigation did not establish a substantial price difference between prices of raw materials procured locally in the PRC by the Chinese exporting producers (including Noblelift) and those at international markets.
units for 2500 persons (500 tarpaulins); with toolkit possibly to be procured locally
The cooperating exporter that used the EOU utilized the scheme to import capital goods free of import duties and to obtain reimbursement of the central sales tax paid on goods procured locally.
It was explained that central sales tax is, in general, not refundable (apart from the fact that EOUs are entitled to reimbursement of central sales tax paid on goods procured locally).

Alternatives:

locally obtained
locally acquired
locally sourced
locally purchased
locally gathered

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locally supplied vs locally procured