Common Customs Tariff
Also called: CCT
The single external tariff applied by all EU member states to goods from outside the Union, based on the Combined Nomenclature and the conventional duty rates set in it. Preferential rates, suspensions and trade defence duties are applied through TARIC on top of the CCT.
In practice
Goods pay the same EU duty whichever member state they enter, which is why choosing the port of entry is a logistics decision, not a duty one.
Applies to: EU
Related terms
- CN code
- The eight-digit code of the EU Combined Nomenclature, which adds two digits to the HS code for customs duty and external trade statistics. The CN is…
- TARIC
- The integrated tariff database of the European Union, managed by the Commission's DG TAXUD. It extends the CN code to ten digits and attaches all EU…
- Customs union
- An arrangement in which members remove duties between themselves and apply a common external tariff to the rest of the world. Goods in free…
- MFN duty
- The normal duty a WTO member applies to imports from other WTO members unless a preference or special measure applies. In the EU it is called the…