MLchartDataset catalogue

Preferential duty

Term · Logistics and supply chain · MLC-T-LOG-000190

A reduced or zero customs duty rate applied to goods imported from specific countries or regions, based on trade agreements or special economic relationships. These duties are granted to promote trade between signatory nations and require proof of origin for the goods. Examples include duties under free trade agreements or generalized system of preferences (GSP) schemes.

Table 1. Record
IdentifierMLC-T-LOG-000190
FieldLogistics and supply chain
Record as JSON 
{
  "id": "MLC-T-LOG-000190",
  "term": "Preferential duty",
  "field": "Logistics and supply chain",
  "definition": "A reduced or zero customs duty rate applied to goods imported from specific countries or regions, based on trade agreements or special economic relationships. These duties are granted to promote trade between signatory nations and require proof of origin for the goods. Examples include duties under free trade agreements or generalized system of preferences (GSP) schemes.",
  "url": "https://mlchart.com/terminology/logistics/preferential-duty/"
}

Record 202 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.