Industry & Business

Applications Sought to Suspend Import Duties

 Breaking News
  • Technology Plays a Leading Role For Irish Business Leaders Business leaders across Ireland are firm believers in the power of technology and the important role it plays, not only in supporting their own business needs, but in overcoming the wider socioeconomic issues they face. According to research – Technology in a Transforming Ireland – of Irish business leaders commissioned by Fujitsu, nearly 6-in-10 (59 percent) say [...]...
  • Only 11% of Irish Businesses Using Renewable Energy Irish businesses have yet to make the switch to renewable energy but are looking for cleaner energy alternatives, according to new research from Calor Gas. Just 11% of Irish businesses report that they are using renewable energy. Of the businesses not using renewable energy, 85% are open to switching to a renewable alternative. The figures were [...]...
  • Research Reveals SMEs Lose €2.2 Billion a Year in Productivity Due to Administration Sage, a market leader in cloud accounting software, has revealed that Irish SMEs lose up to €2.2 billion annually in productivity due to burdensome administrative tasks. The report, ‘Sweating the Small Stuff: the impact of the bureaucracy burden’, undertaken by Plum Consulting, shows businesses in Ireland spend an average of 70 working-days per year navigating the [...]...
  • European Commission Takes Action For a More Competitive and Innovative Financial Market The European Commission has unveiled an Action Plan on how to harness the opportunities presented by technology-enabled innovation in financial services (FinTech). Europe should become a global hub for FinTech, with EU businesses and investors able to make most of the advantages offered by the Single Market in this fast-moving sector. As a first major deliverable, [...]...
  • 40% Think Irish Government Not Doing Enough to Protect Ireland From Impact of Brexit Brexit is coming closer and still a lot of questions remain unanswered. People are insecure not only about their own future but also the economic future of Ireland. iReach Insights conducted a nationally representative survey and 1,000 adults were asked about their opinion about the Brexit, it’s potential impact and what Irish people would do, [...]...

Applications Sought to Suspend Import Duties

Applications Sought to Suspend Import Duties
January 03
09:47 2017

Manufacturers importing from outside the EU were asked to apply for a scheme that allows for tariffs to be dropped on raw materials, components and intermediate products that cannot be sourced in the EU, The Department of Jobs, Enterprise and Innovation announced on Sunday.

The tariff quota scheme is designed to address shortages in the availability of required materials  in the chemicals, microelectronic and related sectors within the EU and can be applied for in the same way as suspensions.

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.

“Production costs are a chief concern of any manufacturer operating in the global marketplace as keeping costs down is key to maintaining a competitive edge,” Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor T.D said. “The tariff suspension and quota schemes can help businesses that cannot source necessary components in the EU and are forced to import from outside the Union. I would encourage all Irish manufacturers to avail of these schemes where possible.”

Closing date and time for the receipt of the next round of applications is 5.30p.m. on Friday, 27 January 2017. Applications should be sent by e-mail to tariffschemes@djei.ieand 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 12 months after the application is made.

Further information on the Tariff Suspension or Quota Scheme may be found here.

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4