Updated Customs tariff quotas notice
HMRC have updated Notice 375 entitled ‘Tariff Quotas’. The notice cancels and replaces the previous version published in January 2010. The notice has been updated to include some minor changes and is only available online.
The tariff quotas (TQs) allow for the importation of a limited amount of specific goods, sometimes from specific countries, into the European Union at a lower level of duty than would usually apply.
The HMRC notice provides more background on what TQs are and how to claim them. The notice is divided into the following five main sections:
- The TQ system
- The TQ system: Results
- Special provisions