What is Suspensive Regime?
In this glossary, Suspensive Regime refers to: A customs arrangement permitting the suspension of duties, taxes, or trade policy measures while goods are under specific procedures such as transit, inward processing, or temporary storage.
How is Suspensive Regime used in logistics?
In logistics communication, this term appears in contexts such as: "The imported goods were placed under a suspensive regime, deferring payment of duties until they were released for free circulation."
Why does Suspensive Regime matter in logistics?
Suspensive Regime matters because it supports clear communication in Customs contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Suspensive Regime?
Suspensive Regime is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Suspensive Regime belong to?
In this glossary, Suspensive Regime is grouped under Customs. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.