MFN duty
Also called: most-favoured-nation duty · third-country duty · conventional duty · NTR rate · General rate
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 third-country or conventional duty, in the US the General or normal trade relations rate. It is the benchmark against which preferential savings are measured.
In practice
If you cannot prove preferential origin, the MFN rate is what you pay, so it sets the value of keeping origin documents in order.
EU
Türkiye
USA
UKRelated terms
- Customs duty
- A tax levied on goods when they cross a customs border, most often on import. It is calculated from the tariff classification, the origin and either…
- Preferential origin
- Origin status under the rules of a specific free trade agreement or unilateral preference scheme that entitles goods to a reduced or zero duty. It is…
- Column 2 rates
- The duty rates in the second column of the HTSUS, applied to imports from countries that do not have normal trade relations with the United States.…
- Common Customs Tariff
- The single external tariff applied by all EU member states to goods from outside the Union, based on the Combined Nomenclature and the conventional…
- World Trade Organization
- The international organisation that administers multilateral trade agreements, including GATT, the agreements on customs valuation, rules of origin,…