Definition arrangement granting goods a zero duty status, adopted before goods are presented to customs Reference COM-FI
Comment "Exemption from customs duty can be based on an autonomous or reciprocal arrangement such as GSP+ arrangement or a free trade agreement. As it is adopted before goods are presented to customs, neither an obligation to pay a customs duty arise nor a customs debt incur.(source: COM-FI)Cf. remission of duty IATE:1081121<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>"