- WHAT IS A TARIFF AND HOW IS IT CALCULATED?
A tariff is the financial charge imposed on products imported into the European Union by any country outside the European Union. The amount of the charge is usually expressed as a percentage of the CIF value (Cost + Insurance + Freight) of imported goods. This percentage is determined by the Community Tariff (TARIC)
- WHAT IS THE TARIFF?
The Community Tariff (TARIC) is a database providing information related to the calculation of the tariff rate on any product. Thus, for each imported product, depending on its type and country of origin, a specific tariff rate is calculated.
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