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What is a tariff-rate quota?

April 26, 2017quota tariff-rate

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What is a tariff-rate quota?

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A tariff-rate quota is any pre-set value or quantity of given goods authorized for importation, during a specified period with a reduction of the Customs duties. Once a tariff-rate quota is met, additional quantity of the goods subject to the tariff rate quota can still be imported, but higher Customs duties must be paid.

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• Tariff Rate Quotas by Classification: • Tariff Rate Quotas Under GATT • Tariff Rate Quota Tariff Preference Levels (TPL) • Determining if a Tariff Preference Level Applies • AGOA Tariff Preference Levels • ATPDEA Tariff Preference Levels • AFTA Tariff Preference Levels • CBTPA Tariff Preference Levels • CAFTA-DR Tariff Preference Levels • CFTA Tariff Preference Levels • ILFTA Tariff Preference Levels • JFTA Tariff Preference Levels • MFTA Tariff Preference Levels • NAFTA Tariff Preference Levels • SFTA Tariff Preference Levels • Quotas Administered by Agencies Other than CBP • Dairy Products • Watches and Watch Movements • Worsted Wool Fabric • Goods for Personal Use and Commercial Samples Exempt from Quota