What is long-term supplier's declaration in SAP SLL - Global Trade Services?

SAP Term: long-term supplier's declaration

• Component: SLL

• Component Name: Global Trade Services

• Description: Declaration that documents the statements of origin of products between business partners. In the supplier’s declaration, a supplier confirms the originating status of a product, based on the rules of origin specified in the respective preference agreements.

Smart SAP Assistant

• Key Concepts: 
  Long-term supplier's declaration is a document that is used to declare the origin of goods and services that are being imported into a country. It is used to ensure that the goods and services meet the requirements of the country's customs regulations. The document is issued by the supplier and is valid for a period of up to three years. 
  
  How to use it: 
  The long-term supplier's declaration is used by companies that are importing goods and services into a country. The document must be filled out by the supplier and submitted to the customs authorities in the importing country. The document must include information about the origin of the goods and services, as well as any applicable taxes or duties. 
  
  Tips & Tricks: 
  When filling out a long-term supplier's declaration, it is important to make sure that all information is accurate and up-to-date. It is also important to make sure that all applicable taxes and duties are included in the document. Additionally, it is important to keep copies of all documents related to the importation process, including the long-term supplier's declaration. 
  
  Related Information: 
  The SLL Global Trade Services component of SAP provides companies with tools to manage their global trade operations. This includes tools for managing import and export processes, as well as tools for managing customs regulations and compliance. Additionally, SLL Global Trade Services provides companies with access to a range of resources, including information about long-term supplier's declarations.