Trade Preferences

This page is accessed via Master Data > Power Data > Tariffs > Trade Preferences.

Trade preference is used to provide information on the tariff treatment of goods. Tariff treatment covers not only specific preferences such as “reduced import duty rates under the GSP” or “under arrangements with ACP countries” but also various other measures affecting customs duties such as tariff quotas, suspensions and end-uses. It is used for import declarations into the European Union and is reported in box 36 on the Single Administrative Document.

You can assign a trade preference to a declaration or a declaration line before customs filing.

Adding a Trade Preference

1. Enter a unique identifier in the Trade Preference ID field.
2. Enter the preference type name in the Name field.
3. Enter the preference type code in the Code field.
4. If desired, enter additional information about the tariff preference type in the Description field.
5. Enter a product classification type in the Product Classification Type field.
6. Select a domain in which this tariff preference type will be active from the Domain Name drop-down list.
7. Click Finished.