Tariff quotas permit total or partial suspension of the normal duties applicable to imported goods. The quotas are set for a limited quantity of goods and for a limited period.
There are two types of tariff quotas: preferential and autonomous. The management of tariff quotas is also organized in several ways.
Preferential tariff quotas
- Topic: customs duty (duties) and taxes; payment, guarantees; customs debt
- Market: EU - European Union