Chemical and microelectronic manufacturers advised to avail of tariff suspension and quota schemes
15 January 2019
A new round of the tariff suspension/quota schemes has been unveiled and the government has called for applications from manufacturers in the chemicals, microelectronic and related sectors.
The tariff suspension scheme offers the possibility for such companies to import raw materials, components or intermediate products from outside the European Union free from tariff duty, if the item cannot be sourced in the EU.
Shortages in availability of materials within the EU
The tariff quota scheme is designed to address shortages in the availability of required materials within the EU and can be applied for in the same way as suspensions.
Minister for Business, Enterprise and Innovation Heather Humphreys TD welcomed the new call, saying: “I would encourage Irish manufacturers to avail of the tariff suspension and quota schemes which represent a fantastic opportunity to gain a competitive edge by keeping down the cost of sourcing components that are not available in the EU.”
Closing date and time for the receipt of the next round of applications is 5.30pm on Friday, January 25, 2019. Applications should be sent by email to: firstname.lastname@example.org and posted to the department at the address below. Please note that late or incomplete applications will not be accepted by the department.
The suspension of duties on these applications, if they are successful, will come into effect from January 1, 2020.
Further information on the tariff suspension or quota scheme may be found here: https://www.dbei.gov.ie/en/What-We-Do/Trade-Investment/EU-Tariff-Suspension-and-Quota-Scheme/
Queries and applications can be sent to:
Department of Business, Enterprise and Innovation,
Telephone: (01) 6312472/ email: email@example.com