Swiss export: simplification of the customs tariff and abolition of customs duties on industrial products
As from 1 January 2024, all non-agricultural and fishery industrial products from all third countries,may be imported into Switzerland free of customs duties, without the need to declare the preferential origin of the equipment. In fact, the Swiss Parliament adopted the amendment to the Customs Tariff Act which took place on1 October 2021 (cf.Swiss export: removal of customs duties on 01/01/2024).
To date, goods imported into Switzerland are, for the most part, subject to a customs duty based on per kilogram taxation. The abolition of this tax will lead to aconsiderable simplification of the customs tariffSince it will no longer be useful to differentiate between product subheadings for taxation purposes. However, differences in the management of statistical data will remain. The current tariff headings of 9114 will be reduced to 7511.
The abolition of customs duties and the resulting administrative reduction in customs procedures should allow Swiss companies to reduce their production costs and be more competitive internationally. At least this is what the Swiss Federal Council hopes. The abolition of tariffs on industrial products should also have a positive impact on Swiss consumers. A monitoring system will be set up to ensure this.
In the case of raw materials, spare parts or components imported into Switzerland for use in production resold outside the export territory, the concept of preferential origin should always be managed, in particular in the context of trade with the Euro-Mediterranean area, where diagonal cumulation can be used.
The Swiss Customs has made available to operators a Frequently Asked Questions and a spreadsheet specifying products in customs headings which benefit from simplification and/or abolition of customs duties.
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