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Customs Glossary/Safeguard Duty

Safeguard Duty

Duties & taxesRegulation (EU) 2015/478 (Safeguards)

PL: Cło Ochronne | DE: Schutzzoll

Definition

A safeguard duty is a temporary trade protection measure consisting of imposing additional duty on imports of specified goods, regardless of the country of origin. It is applied when a sudden and unforeseen increase in imports causes or threatens to cause serious injury to EU industry producing like or directly competing products.

The procedure for imposing safeguard duties in the EU is governed by Regulation (EU) 2015/478. Unlike anti-dumping and countervailing duties, safeguard duties: apply to imports from all countries, require demonstration of serious (not just material) injury, are temporary by nature and must be progressively liberalised.

Safeguard duties can take the form of increased duty rates or tariff quotas (additional duty only above a specified import volume). The maximum application period is 4 years, extendable to 8 years.

Legal Basis

Related Terms

Safeguard Duty — Customs Glossary | Celna24.com | Celna24.com