Deloitte PCC tool |
In a world where cost saving is becoming increasingly important, managing customs duties and other import taxes can significantly improve companies' bottom-line profitability.
Deloitte's Customs & Global Trade services group has developed the PCC tool to help companies realize ways to minimize customs duties by using the economic customs procedure “Processing under Customs Control” (PCC).
Economic customs procedures are customs procedures in the European Union that offer companies the possibility to minimize import duties. PCC is one such procedure which offers the possibility to save import duties by not paying import duties over the raw materials imported in the EU but over the (semi) finished products produced within the EU.
Following completion of the tool's 10 minute questionnaire, users will receive an email message with tips on possible ways to minimize customs duties through PCC.
How to access the tool
Use of the PCC tool is free of charge, but users must first register.
