- 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 Council Proposes Extending 3.8% VAT Rate for Accommodation Until 2035
- Swiss Federal Tax Administration Announces 2026 Interest Rate Changes for Various Taxes Effective January 1
- Federal Supreme Court Denies Service Relationship, Confirms Subsidy Status in VAT Dispute
- FTA Announces New Federal Tax Refund and Default Interest Rates Effective 2026
- FTA Enables Direct Online Adjustments for VAT Settlement Modalities