Import Export Specialist Question: Download Import Export Specialist PDF
What is reduced rate of duty?
Answer:
Reduced rate of duty is some goods can be imported at a nil or reduced rate of customs duty because they originated in a preference country or are from a non-EU country and qualify for a temporary suspension of customs duty.
Get more information on which countries get preference and temporary suspension of customs duty on the Customs and Excise website. (See also Tariff quotas.)
Get more information on which countries get preference and temporary suspension of customs duty on the Customs and Excise website. (See also Tariff quotas.)
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