Sorry, no online dictionaries contain the exact phrase grant a reduction in the variable component of the CCT duty.

Reverse dictionary results:
1. depression
2. part
3. load
4. commission
5. variation
6. floating
7. range
8. ranged
9. ranging
10. rate
11. for
12. compound
13. pin
14. pib
15. pim
16. pinning
17. quota
18. percentage
19. derivative
20. mean
21. stint
22. double
23. infinity
24. limit
25. limiting
26. size
27. patt
28. diet
29. function
30. stinting
31. dependent
32. measure
33. give
34. stop
35. bar
36. gradient
37. term
38. infinitesimal
39. regression
40. beat

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You can look up the words in the phrase individually using these links:   grant ?   a ?   reduction ?   in ?   the ?   variable ?   component ?   of ?   the ?   cct ?   duty ?
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