- Import duties on industrial products when importing into Switzerland no longer required
- EUR.1, EUR-MED certificate, or invoice declaration not needed for these products
- Aims to reduce costs for importing businesses, boost trade, and lower prices for consumers
- Industrial products with HS code starting with numbers 25 through 97 can be imported without import duties
- Exceptions include agricultural products with HS codes starting with numbers 1 through 24 and some products with HS codes starting with 35 and 38
Source: pincvision.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Switzerland"
- Federal Administrative Court Decision on VAT Input Tax Deduction Timing for 2020 Tax Period
- Federal Administrative Court Confirms Input Tax Deduction Reduction, Classifies SFOE Payments as Subsidies
- Swiss Federal Administrative Court Rules on VAT Reference Tax for Reinsurance Services
- Federal Administrative Court Confirms VAT Liability for Electronic Services from 2015-2020
- FAC Partially Upholds Appeal on VAT Dispute Over Vehicle Use and Travel Expenses, 2014-2018
