What is customs tariff in SAP SLL - Global Trade Services?

SAP Term: customs tariff

• Component: SLL

• Component Name: Global Trade Services

• Description: The tax duty imposed on imported and exported goods. Tariffs are imposed to protect domestic industries from foreign competition.

Smart SAP Assistant

• Key Concepts: 
  Customs Tariff is a component of SAP's Global Trade Services (GTS) that helps companies manage their international trade operations. It provides a comprehensive set of tools to help companies comply with customs regulations, manage tariff classifications, and optimize their global trade processes. 
  
  How to Use It: 
  Customs Tariff can be used to manage the import and export of goods across international borders. It provides a range of features such as tariff classification, customs clearance, and duty calculation. It also helps companies to comply with customs regulations and optimize their global trade processes. 
  
  Tips & Tricks: 
  When using Customs Tariff, it is important to ensure that all data is accurate and up-to-date. This will help to ensure that the company is compliant with customs regulations and can optimize its global trade processes. Additionally, it is important to keep track of any changes in customs regulations or tariffs in order to ensure compliance. 
  
  Related Information: 
  For more information on Customs Tariff, please visit the SAP website at https://www.sap.com/products/global-trade-services.html. Additionally, there are a number of resources available online that provide more detailed information on how to use Customs Tariff and how to comply with customs regulations.