EU - Duties on jet fuel imports suspended beginning 2014 

December 9: The European Commission announced that duties on jet fuel imports will be suspended as from 1 January 2014.

According to the EC release [PDF 70 KB], the suspension of duties for jet fuel will avoid an increase of price that would otherwise have occurred because of the application of the new scheme of generalized tariff preferences (effective 1 January 2014).


The suspension of the duties for jet fuel, currently at 4.7%, will be reviewed within five years.



For more information, contact a professional with KPMG’s Trade & Customs practice:


Douglas Zuvich

(312) 665-1022


Andrew Siciliano

(631) 425-6057


John L. McLoughlin

(267) 256-2614


Todd R. Smith

(949) 885-5617


Luis A. Abad

(212) 954-3094


Amie Ahanchian

(202) 533-3247


Or your local KPMG Trade & Customs professional.




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