Regulation 10 Calculating the quota duty rateI1
United Kingdom
The “quota duty rate”, in relation to quota goods, is—
(a)
where the rate of duty set out in column 4 of Part A or column 4 of Part B of the Quota Table is expressed only as a percentage, that percentage of the customs value of those goods; or
(b)
where the quota duty rate is dependent on applying a formula set out in column 4 of that Table against the commodity code in the corresponding row of that Table, the result of applying that formula.
Annotations
Commencement
- I1
Reg. 10 in force at 31.12.2020 by S.I. 2020/1643, reg. 2, Sch.