Sweden applies the customs EU laws and coherent regulations, as well as common customs tariffs from the United States and other non-EU countries. The basis of EU Customs Tariff is the ten-digit Harmonized Commodity Description and Coding System (HS), which indicates the duty that should be applied and whether an import license or permit is required for the commodity in question.
The Integrated Tariff of the Community, TARIC, referred to as TARIC (Tarif Intégré de la Communauté), is designed to show various rules applying to specific products being imported (or in some cases exported from) into the customs territory of the EU, to determine if a license is required for a particular product. The TARIC can be searched by country of origin, Harmonized System (HS) Code, and product description on the interactive website of the Directorate-General for Taxation and the Customs Union, and is updated daily.
Most industrial products imported to Sweden are subject to duty varying from 0% to 20%. Duty rates for foodstuffs can be higher as they are based on the weight of the commodity. Customs procedures, including the classification and valuation of imported goods, are governed by EU rules. As a member of the EU, Sweden maintains duty-free entry on all products originating in other EU countries.
The value for customs purposes is directly based on the value of transaction and the following additional costs:
- Freight costs up to the place of importation to EU
- Insurance costs Loading/other handling costs
- Broker fees
- Package costs
- Royalties or license fees
- The seller’s yield in case of further sale to a third party
Most goods imported to Sweden are subject to customs duty and also a value-added-tax (VAT). The general VAT rate is 25%, with a lower rate of 12% for food and certain services, and 6% for books and periodicals.
There are several cases when the importer can apply for reduced Customs Duty or even exemption, the most straightforward being a proof that the goods originate from a country with which EU has a free trade agreement. Other common cases are:
- Temporary importation (e.g. testing or exhibiting purposes)
- Inward processing when a product is imported in order to be processed further, repacked and re-exported
- Scientific instrument imports