Minister Troy announces New Round of Tariff Suspension / Quota Schemes

The Department of Enterprise, Trade and Employment has announced a new round of the tariff suspension/quota schemes and is calling 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/ Turkey.

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.

More information is available here.