Minister for Trade Promotion, Digital and Company Regulation, Robert Troy, has today announced a new round of the tariff suspension/quota schemes and is calling for applications from manufacturers in the industrial, agricultural, and related sectors.
The tariff suspension scheme offers the possibility for companies in these sectors 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 essential materials within the EU and can be applied for in the same way as suspensions.
Welcoming the new call, Minister Troy said:
"These schemes represent opportunities for Irish manufacturers to reduce the costs of sourcing materials that are not available, or not available in sufficient quantities, in the EU. I encourage Irish companies to avail of the tariff suspensions and quotas schemes."
The closing date and time for the receipt of the next round of applications is 5.30pm on Friday, 29 July 2022. Applications should be sent by email to tariffschemes@enterprise.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 2023.