Glossary

Would you like to know what a certain transport term means? Click on the first letter of the term below.

Binding Tariff Information

So as to be certain of the customs duties payable upon import, binding tariff information (BTI) can be requested from Customs for a specific product. Such binding tariff information applies throughout the EU. Such a declaration is valid for 5 years, enabling the company to reduce the risk relating to the influence of import duties on this purchase price. Customs may for that matter decide to class the goods differently, as a result of which different import duties apply.

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