UK Government’s Secretary of State for International Trade has updated public notice, originally published on 30 June 2021 with effect from 1 July 2021, on 31 December 2021 regarding Extension of Tariff Rate Quota to apply in relation to some of the steel products imorts.. The tariff rate quota is an extension of the tariff rate quota imposed by the EU on behalf of the United Kingdom and other countries or territories that had effect in the United Kingdom from 19 July 2018 to 30 June 2021The tariff-rate quota set out in this notice applies to the following steel products Tin Mill productsNon-alloy and Other Alloy Quarto PlatesAlloy Merchant Bars and Light SectionsNon-alloy and Other Alloy Merchant Bars and Light SectionsNon-alloy and Other Alloy Wire RodAngles, Shapes, and Sections of Iron or Non-alloy SteelThe additional amount of duty applicable to steel goods imported outside of the quota is 25% ad valorem. The safeguard duty is applicable to the net free-at-the-frontier price of the good before any other amount of import duty.The tariff rate quota is divided into 4 quarters over one year and specifies for each goods category the amount of steel goods that may be imported free of safeguard duty in any given Quarter. Any unused tariff rate quota allocated for steel goods originating in a country or territory remains available in the next Quarter for steel goods originating in that country or territory. Any unused balance may cumulate within the year.Tariff rate quota amount and allocation for year 1 July 2021 to 30 June 2022Quarter 1: 1 July 2021 to 30 September 2021Quarter 2: 1 October 2021 to 31 December 2021Quarter 3: 1 January 2022 to 31 March 2022Quarter 4: 1 April 2022 to 30 June 2022
UK Government’s Secretary of State for International Trade has updated public notice, originally published on 30 June 2021 with effect from 1 July 2021, on 31 December 2021 regarding Extension of Tariff Rate Quota to apply in relation to some of the steel products imorts.. The tariff rate quota is an extension of the tariff rate quota imposed by the EU on behalf of the United Kingdom and other countries or territories that had effect in the United Kingdom from 19 July 2018 to 30 June 2021The tariff-rate quota set out in this notice applies to the following steel products Tin Mill productsNon-alloy and Other Alloy Quarto PlatesAlloy Merchant Bars and Light SectionsNon-alloy and Other Alloy Merchant Bars and Light SectionsNon-alloy and Other Alloy Wire RodAngles, Shapes, and Sections of Iron or Non-alloy SteelThe additional amount of duty applicable to steel goods imported outside of the quota is 25% ad valorem. The safeguard duty is applicable to the net free-at-the-frontier price of the good before any other amount of import duty.The tariff rate quota is divided into 4 quarters over one year and specifies for each goods category the amount of steel goods that may be imported free of safeguard duty in any given Quarter. Any unused tariff rate quota allocated for steel goods originating in a country or territory remains available in the next Quarter for steel goods originating in that country or territory. Any unused balance may cumulate within the year.Tariff rate quota amount and allocation for year 1 July 2021 to 30 June 2022Quarter 1: 1 July 2021 to 30 September 2021Quarter 2: 1 October 2021 to 31 December 2021Quarter 3: 1 January 2022 to 31 March 2022Quarter 4: 1 April 2022 to 30 June 2022
