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Customs Flash, General edition, number 3-2012

Tariff Suspensions expiring per December 31, 2012


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In the European Union goods imported from third countries are subject to customs duties. However, for certain raw materials, semi-finished goods or components that are not available or produced in the European Union, it is possible to request a tariff suspension. With a tariff suspension the regular duty rate could become lower or even a 0% duty rate. Tariff suspensions aim to stimulate the economy, the competitiveness of European producers and the European employment.

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