Press release
Tánaiste encourages companies to apply for new round of Tariff Suspension / Quota Schemes
From Department of Enterprise, Trade and Employment
Published on
Last updated on
From Department of Enterprise, Trade and Employment
Published on
Last updated on
The Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, has today (Wednesday) announced a new round of the tariff suspension/quota schemes and has encouraged manufacturers in the chemicals, microelectronic and related sectors to apply.
The tariff suspension scheme allows 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.
The tariff quota scheme aims to address shortages in required materials within the EU and can be applied for in the same way as suspensions.
The Tánaiste and Minister for Enterprise, Trade and Employment welcomed the new call, saying:
"I strongly encourage Irish companies to avail of the tariff suspensions and quotas scheme. It provides a valuable opportunity for Irish manufacturers to reduce the cost of sourcing materials which are not available in the EU."
Closing date and time for the receipt of the next round of applications is 5.30pm on Friday, 31 July 2020. Applications should be sent by email to tariffschemes@dbei.gov.ie 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 1 July 2021.
Further information on the Tariff Suspension or Quota Scheme may be found here.
Tariff Queries and applications can be sent to: Daniel Reilly, Department of Business, Enterprise and Innovation, Kildare Street, Dublin 2, D02 TD30.
Telephone: (01) 6312853/ email: tariffschemes@dbei.gov.ie
ENDS
The Department of Business, Enterprise and Innovation (DBEI) plays a key role in implementing the government’s policies of stimulating the productive capacity of the economy and creating an environment which supports job creation and maintenance. The department has lead responsibility for Irish policy on global trade and inward investment and a remit to promote fair competition in the marketplace, protect consumers and safeguard workers.
For further information please contact Press Office, D/Business, Enterprise and Innovation, press.office@dbei.gov.ie or (01) 631 2200
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