The EU has a number of preferential trade arrangements with certain individual countries or groups of countries outside the customs territory of the Union. These provide for particular goods originating in the countries concerned to be imported and entered to free circulation at nil or reduced rates of customs duty.

Details of the countries eligible for preferences can be found in Part 7 of Volume 1 of the tariff.

To be admissible to a preference, imported goods must:

(1)be of a description shown in the Schedule as being eligible for the preference;

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.