Author (Corporate) | Council of the European Union |
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Series Title | Official Journal of the European Union |
Series Details | L 331 |
Publication Date | 28/12/2018 |
Content Type | Legislation |
Summary: On 6 December 2018 the European Commission presented a proposal to amend Regulation (EU) No 1387/2013 on the suspension of autonomous Common Customs Tariff duties. The Council of the European Union adopted the new Regulation on 20 December. Further information: In order to ensure sufficient and uninterrupted supplies of certain agricultural and industrial products which are inadequately produced or not produced at all in the Union and to avoid any disturbances on the market for these products, some autonomous Common Customs Tariff duties have been partially or totally suspended by Regulation (EU) No 1387/2013. This Regulation is updated every six months to accommodate the needs of Union industry. The Commission, assisted by the Economic Tariff Questions Group, has reviewed all requests from the Member States for autonomous tariff suspensions. Following this review, the Commission considers that the suspension of duties is justified for some new products currently not listed in the Annex of the Regulation. In relation to some other products it is necessary to modify the conditions in terms of product description, classification, duty rates or end-use requirement. Products for which a tariff suspension is no longer in the Union's economic interest are proposed to be withdrawn. |
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Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.331.01.0004.01.ENG |
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Subject Categories | Taxation, Trade |
Subject Tags | Customs Union |
Keywords | Common Customs Tariff |
International Organisations | European Union [EU] |