What is 'preferential treatment' in SAP SD-FT - Foreign Trade?

preferential treatment - Overview

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A reduction of duties levied on imported goods from friendly or neighboring countries.

preferential treatment - Details

• 
  Key Concepts: 
  Preferential treatment is a term used in SAP Foreign Trade (SD-FT) to refer to the special conditions that are applied to certain goods when they are imported or exported. These conditions can include reduced or zero tariffs, quotas, and other restrictions. 
  
  How to use it: 
  In SAP Foreign Trade, preferential treatment is used to determine the applicable taxes and duties for goods that are imported or exported. This is done by checking the origin of the goods and the destination country, as well as any applicable agreements between the two countries. 
  
  Tips & Tricks: 
  When setting up preferential treatment in SAP Foreign Trade, it is important to ensure that all relevant information is entered correctly. This includes the origin of the goods, the destination country, and any applicable agreements between the two countries. 
  
  Related Information: 
  For more information on preferential treatment in SAP Foreign Trade, please refer to the official SAP documentation.