THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0,...

28
THE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9 TH DECEMBER 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex I: Preferential Duty Tariff Table Annex II: Preferential Quota Table PART ONE: OVERVIEW 1. This document is the relevant preferential tariff referred to in column 2 of the table in Schedule 1 of the Customs Tariff (Preferential Trade Arrangements) (EU Exit) Regulations 2020 ("the Regulations") for Interim Political, Trade and Partnership Agreement between Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and the Kingdom of Denmark in respect of the Faroe Islands, signed on 31st January 2019 (“the Agreement”). 2. Part Two of this document and the associated annexes set out the preferential duty rates, quota duty rates and quota volumes applicable to goods falling within commodity codes set out in the Goods Classification Table, falling within the Agreement, and meeting the requirements of the Regulations. 3. In this document, unless otherwise specified, words and expressions have the meaning given in the Regulations and the Customs Tariff (Establishment) (EU Exit) Regulations 2020 ("the Tariff Regulations"), including the Goods Classification Table and Tariff of the United Kingdom. 1

Transcript of THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0,...

Page 1: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

THE FAROE ISLANDS PREFERENTIAL TARIFF

VERSION 2.0, DATED 9TH DECEMBER 2020

PART ONE: Overview

PART TWO: UK Preferential Tariff

Annex I: Preferential Duty Tariff Table

Annex II: Preferential Quota Table

PART ONE: OVERVIEW

1. This document is the relevant preferential tariff referred to in column 2 of the table in Schedule 1 of the Customs Tariff (Preferential Trade Arrangements) (EU Exit) Regulations 2020 ("the Regulations") for Interim Political, Trade and Partnership Agreement between Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and the Kingdom of Denmark in respect of the Faroe Islands, signed on 31st January 2019 (“the Agreement”).

2. Part Two of this document and the associated annexes set out the preferential duty rates, quota duty rates and quota volumes applicable to goods falling within commodity codes set out in the Goods Classification Table, falling within the Agreement, and meeting the requirements of the Regulations.

3. In this document, unless otherwise specified, words and expressions have the meaning given in the Regulations and the Customs Tariff (Establishment) (EU Exit) Regulations 2020 ("the Tariff Regulations"), including the Goods Classification Table and Tariff of the United Kingdom.

PART TWO: UK PREFERENTIAL TARIFF

4. In this Part, a “formula” is all the alphanumeric information appearing in a given row of column 2 of the Preferential Duty Tariff Table (Annex I) or of column 4 of the Preferential Quota Table (Annex II).

Calculating the value of formulas

5. The formulas in column 2 of the Preferential Duty Tariff Table and column 4 of the Preferential Quota Table consist of components and operators. The components and operators are set out and explained below.

1

Page 2: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

6. The value of a whole formula can be calculated by finding the value of each of the components of the formula and performing the operations specified by any operators.

Operators

7. Brackets – Brackets around part of a formula indicate that the value of the part of the formula inside the brackets is to be calculated first, before performing any operations outside the brackets.

8. MAX – Where MAX appears in a formula, the value of the formula is the value of all that part of the formula which appears before MAX or the value of all that part of the formula which appears after MAX, whichever is lower. However, where the value of all that part of the formula which appears after MAX is equal to the customs tariff in its standard form, the preferential duty rate is only applicable if the value of all that part of the formula which appears before MAX is lower than the applicable rate in the customs tariff in its standard form.

9. Where MAX appears inside brackets, this operation only applies to the part of the formula inside the same brackets.

10. Addition sign – Where an addition sign appears in a formula, the value of the component immediately before the addition sign is to be added to the value of the component immediately after the addition sign.

Components

By-value components

11. Where a formula includes a component which consists of a percentage either appearing alone (such as where the formula reads simply (e.g. “9.70%”) or appearing immediately before an addition sign (such as where the formula reads (e.g. “17.90% + 8.40 £ / 100 kg”), the value of that component can be found by taking that percentage of the customs value of the goods to which the formula applies.

12. Such a component, the value of which is found by reference to the customs value of goods, can be referred to as a “by-value” component.

Specific components

13. Where a formula includes a component consisting of a sum of money (represented by a number immediately followed by a currency symbol), the division symbol “/” and a multiple of a unit of quantity (e.g. “43.80 £ / 100 kg”), the value of that component can be found by dividing the quantity of originating goods (measured in the same unit of quantity) by the multiple of the unit of quantity, then multiplying the result by the sum of money.

14. The abbreviations of the units of quantity used and their full meanings are set out in Appendix A to Part Four of the Tariff of the United Kingdom.

15. A component the value of which is found by reference to the quantity of goods can be referred to as a “specific” component.

Other

2

Page 3: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

16. Where a date range in the format “DD-MM to DD-MM” appears in column 3, the preferential duty rate in that row is only applicable during that date range.

ANNEX IPREFERENTIAL DUTY TARIFF TABLE

1. This table sets out the preferential duty rates for the Agreement, under regulation 3 of the Regulations.

2. The commodity code in column 1 is defined in regulation 2(3) of the Tariff Regulations.

3. The preferential duty rate in column 2 is defined in regulation 2(1) of the Regulations.

4. Column 3 indicates if the preferential duty rate is only applicable for parts of the calendar year.

5. Where a commodity code is marked with a ‘*’, the preferential duty rate is not applicable. This formula illustrates the applicable rate in the customs tariff in its standard form and shall not be applied by the Regulations.

1Commodity code

2Preferential duty rate

3Validity

0301.99.11.40 0.00% -0302.14.00.10 0.00% -0302.19 0.00% -0302.21.10 0.00% -0302.21.30 0.00% -0302.22 0.00% -0302.23 0.00% -0302.24 0.00% -0302.29 0.00% -0302.41 0.00% 01-01 to 14-020302.41 0.00% 16-06 to 10-120302.44.00.10 0.00% 01-01 to 14-020302.44.00.10 0.00% 16-06 to 10-120302.45.30 0.00% -0302.45.90.90 0.00% -0302.46 0.00% -0302.49.90 0.00% -0302.51.10 0.00% -0302.52 0.00% -0302.53 0.00% -0302.54.19.20 0.00% -0302.56.00.10 0.00% -0302.59.20 0.00% -0302.59.40 0.00% -0302.59.90 0.00% -0302.81 0.00% -0302.82 0.00% -0302.84.90 0.00% -0302.85.90 0.00% -0302.89.31 0.00% -

3

Page 4: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

0302.89.39.10 0.00% -0302.89.50 0.00% -0302.89.90.30 0.00% -0302.89.90.80 0.00% -0302.89.90.90 0.00% -0302.91 0.00% -0302.99 0.00% -0303.13.00.10 0.00% -0303.19 0.00% -0303.31.10 0.00% -0303.31.30 0.00% -0303.32 0.00% -0303.33 0.00% -0303.34 0.00% -0303.39.10 0.00% -0303.39.30 0.00% -0303.39.85.90 0.00% -0303.51 0.00% 01-01 to 14-020303.51 0.00% 16-06 to 10-120303.53.90 0.00% -0303.54.10.10 0.00% 01-01 to 14-020303.54.10.10 0.00% 16-06 to 10-120303.55.90.90 0.00% -0303.56 0.00% -0303.59.90 0.00% -0303.63.10 0.00% -0303.64 0.00% -0303.65 0.00% -0303.68.10 0.00% -0303.69.30 0.00% -0303.69.80 0.00% -0303.69.90 0.00% -0303.81 0.00% -0303.82 0.00% -0303.83 0.00% -0303.89.31 0.00% -0303.89.39.10 0.00% -0303.89.55 0.00% -0303.89.65 0.00% -0303.89.90.20 0.00% -0303.89.90.90 0.00% -0303.91 0.00% -0303.99 0.00% -0304.41.00.10 0.00% -0304.43 0.00% -0304.44.10.10 0.00% -0304.44.30 0.00% -0304.44.90 0.00% -

4

Page 5: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

0304.45 0.00% -0304.46 0.00% -0304.47 0.00% -0304.48 0.00% -0304.49.50 0.00% -0304.49.90 0.00% -0304.51 0.00% -0304.52 0.00% -0304.53 0.00% -0304.54 0.00% -0304.55 0.00% -0304.56 0.00% -0304.57 0.00% -0304.59.10 0.00% -0304.59.50 0.00% 01-01 to 14-020304.59.50 0.00% 16-06 to 10-120304.59.90 0.00% -0304.71.90.10 0.00% -0304.71.90.30 0.00% -0304.72 0.00% -0304.73 0.00% -0304.79.30 0.00% -0304.79.80 0.00% -0304.79.90 0.00% -0304.81.00.10 0.00% -0304.83.10 0.00% -0304.85 0.00% -0304.86 0.00% -0304.88.90 0.00% -0304.89.21 0.00% -0304.89.29.10 0.00% -0304.89.49.10 0.00% -0304.89.90.10 0.00% -0304.89.90.30 0.00% -0304.89.90.40 0.00% -0304.89.90.50 0.00% -0304.89.90.60 0.00% -0304.89.90.90 0.00% -0304.92 0.00% -0304.93.10 0.00% -0304.94.10 0.00% -0304.95.10 0.00% -0304.95.25 0.00% -0304.95.30 0.00% -0304.95.40 0.00% -0304.95.60 0.00% -0304.95.90 0.00% -0304.96 0.00% -

5

Page 6: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

0304.97 0.00% -0304.99.10 0.00% -0304.99.21.13 0.00% -0304.99.23 0.00% 01-01 to 14-020304.99.23 0.00% 16-06 to 10-120304.99.65 0.00% -0304.99.99 0.00% -0305.10 0.00% -0305.20 0.00% -0305.31 0.00% -0305.32.19.10 0.00% -0305.32.90 0.00% -0305.39.10.10 0.00% -0305.39.50 0.00% -0305.39.90 0.00% -0305.41.00.10 0.00% -0305.42 0.00% -0305.43.00.11 0.00% -0305.43.00.19 0.00% -0305.44 0.00% -0305.49.10 0.00% -0305.49.20 0.00% -0305.49.30.10 0.00% -0305.49.80 0.00% -0305.51.10.10 0.00% -0305.51.90.10 0.00% -0305.53.90.20 0.00% -0305.53.90.30 0.00% -0305.53.90.40 0.00% -0305.61 0.00% -0305.62.00.20 0.00% -0305.62.00.50 0.00% -0305.64 0.00% -0305.69.80.20 0.00% -0305.69.80.25 0.00% -0305.69.80.30 0.00% -0305.69.80.40 0.00% -0305.69.80.50 0.00% -0305.69.80.61 0.00% -0305.69.80.64 0.00% -0305.69.80.65 0.00% -0305.69.80.67 0.00% -0305.69.80.90 0.00% -0305.72.00.10 0.00% -0305.72.00.15 0.00% -0305.79.00.10 0.00% -0305.79.00.15 0.00% -0306.15 0.00% -

6

Page 7: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

0306.16.99 0.00% -0306.17.91 0.00% -0306.17.92 0.00% -0306.17.93 0.00% -0306.17.99 0.00% -0306.34 0.00% -0306.94 0.00% -0307.21 0.00% -0307.22 0.00% -0307.29 0.00% -0403.10.51 0.00% + 79.00 GBP / 100 kg -0403.10.53 0.00% + 109.00 GBP / 100 kg -0403.10.59 0.00% + 141.00 GBP / 100 kg -0403.10.91 0.00% + 10.00 GBP / 100 kg -0403.10.93 0.00% + 14.00 GBP / 100 kg -0403.10.99 0.00% + 22.00 GBP / 100 kg -0403.90.71 0.00% + 79.00 GBP / 100 kg -0403.90.73 0.00% + 109.00 GBP / 100 kg -0403.90.79 0.00% + 141.00 GBP / 100 kg -0403.90.91 0.00% + 10.00 GBP / 100 kg -0403.90.93 0.00% + 14.00 GBP / 100 kg -0403.90.99 0.00% + 22.00 GBP / 100 kg -0703.20 9.60% -0710.40 0.00% + 7.80 GBP / 100 kg / net drained wt -0711.90.30 * 0.00% -1604.12.91 0.00% -1604.12.99 0.00% -1604.13.90 0.00% -1604.19.91 0.00% -1702.50 0.00% -1702.90.10 0.00% -1704.10.10 0.00% + 22.00 GBP / 100 kg MAX 6.00% -1704.10.90 0.00% + 25.00 GBP / 100 kg MAX 6.00% -1704.90.10 0.00% -1704.90.30 0.00% + 37.00 GBP / 100 kg MAX 8.00% -1704.90.51 0.00% -1704.90.55 0.00% -1704.90.61 0.00% -1704.90.65 0.00% -1704.90.71 0.00% -1704.90.75 0.00% -1704.90.81 0.00% -1704.90.99 0.00% -1806.10.15 0.00% -1806.10.20 0.00% + 21.00 GBP / 100 kg -1806.10.30 0.00% + 26.00 GBP / 100 kg -1806.10.90 0.00% + 35.00 GBP / 100 kg -1806.20.10 0.00% -

7

Page 8: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

1806.20.30 0.00% -1806.20.50 0.00% -1806.20.70 0.00% -1806.20.95 0.00% -1806.31 0.00% -1806.32 0.00% -1806.90 0.00% -1901.10 0.00% -1901.20 0.00% -1901.90.11 0.00% + 15.00 GBP / 100 kg -1901.90.19 0.00% + 12.00 GBP / 100 kg -1901.90.91 0.00% -1901.90.95 0.00% -1901.90.99 0.00% -1902.11 0.00% + 20.00 GBP / 100 kg -1902.19.10 0.00% + 20.00 GBP / 100 kg -1902.19.90 0.00% + 17.00 GBP / 100 kg -1902.20.91 0.00% + 5.10 GBP / 100 kg -1902.20.99 0.00% + 14.00 GBP / 100 kg -1902.30.10 0.00% + 20.00 GBP / 100 kg -1902.30.90 0.00% + 8.10 GBP / 100 kg -1902.40.10 0.00% + 20.00 GBP / 100 kg -1902.40.90 0.00% + 8.10 GBP / 100 kg -1903 * 0.00% -1904.10.10 0.00% + 16.00 GBP / 100 kg -1904.10.30 0.00% + 38.00 GBP / 100 kg -1904.10.90 0.00% + 28.00 GBP / 100 kg -1904.20.10 0.00% -1904.20.91 0.00% + 16.00 GBP / 100 kg -1904.20.95 0.00% + 38.00 GBP / 100 kg -1904.20.99 0.00% + 28.00 GBP / 100 kg -1904.30 0.00% + 21.00 GBP / 100 kg -1904.90.10 0.00% + 38.00 GBP / 100 kg -1904.90.80 0.00% + 21.00 GBP / 100 kg -1905.10 0.00% + 10.00 GBP / 100 kg -1905.20.10 0.00% + 15.00 GBP / 100 kg -1905.20.30 0.00% + 20.00 GBP / 100 kg -1905.20.90 0.00% + 26.00 GBP / 100 kg -1905.31 0.00% -1905.32 0.00% -1905.40 0.00% -1905.90.10 0.00% + 13.00 GBP / 100 kg -1905.90.20 0.00% + 50.00 GBP / 100 kg -1905.90.30 0.00% -1905.90.45 0.00% -1905.90.55 0.00% -1905.90.70 0.00% -1905.90.80 0.00% -

8

Page 9: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

2001.90.30 0.00% + 7.80 GBP / 100 kg / net drained wt -2004.10.91 0.00% -2004.90.10 0.00% + 7.80 GBP / 100 kg / net drained wt -2005.20.10 0.00% -2005.80 0.00% + 7.80 GBP / 100 kg / net drained wt -2008.99.85 0.00% + 7.80 GBP / 100 kg / net drained wt -2101.12.98 0.00% -2101.20.98 0.00% -2101.30.19 0.00% + 10.00 GBP / 100 kg -2101.30.99 0.00% + 18.00 GBP / 100 kg -2102.10.31 0.00% -2102.10.39 0.00% -2102.20 0.00% -2103.10 0.00% -2103.20 0.00% -2103.90 0.00% -2104.10 0.00% -2105.00.10 0.00% + 16.00 GBP / 100 kg MAX 8.00% -2105.00.91 0.00% + 32.00 GBP / 100 kg MAX 8.00% -2105.00.99 0.00% + 45.00 GBP / 100 kg MAX 6.00% -2106.10.80 0.00% -2106.90.92.40 0.00% -2106.90.92.45 0.00% -2106.90.92.50 0.00% -2106.90.98 0.00% -2202.10 0.00% -2202.99.11.11 0.00% -2202.99.11.19 0.00% -2202.99.15.11 0.00% -2202.99.15.19 0.00% -2202.99.19.11 0.00% -2202.99.19.19 0.00% -2202.99.91 0.00% + 11.00 GBP / 100 kg -2202.99.95 0.00% + 10.00 GBP / 100 kg -2202.99.99 0.00% + 17.00 GBP / 100 kg -2205 0.00% -25 0.00% -27 0.00% -28 0.00% -2903 0.00% -2904 0.00% -2905.11 0.00% -2905.12 0.00% -2905.13 0.00% -2905.14 0.00% -2905.16 0.00% -2905.17 0.00% -2905.19 0.00% -

9

Page 10: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

2905.22 0.00% -2905.29 0.00% -2905.31 0.00% -2905.32 0.00% -2905.39 0.00% -2905.41 0.00% -2905.42 0.00% -2905.43 0.00% + 105.00 GBP / 100 kg -2905.44.11 0.00% + 13.00 GBP / 100 kg -2905.44.19 0.00% + 31.00 GBP / 100 kg -2905.44.91 0.00% + 19.00 GBP / 100 kg -2905.44.99 0.00% + 44.00 GBP / 100 kg -2905.45 0.00% -2905.49 0.00% -2905.59 0.00% -2906 0.00% -2907 0.00% -2908 0.00% -2909 0.00% -2910 0.00% -2911 0.00% -2912 0.00% -2913 0.00% -2914 0.00% -2915 0.00% -2916 0.00% -2917 0.00% -2918 0.00% -2919 0.00% -2920 0.00% -2921 0.00% -2922 0.00% -2923 0.00% -2924 0.00% -2925 0.00% -2926 0.00% -2927 0.00% -2928 0.00% -2929 0.00% -2930 0.00% -2931 0.00% -2932 0.00% -2933 0.00% -2934 0.00% -2935 0.00% -2938 0.00% -2940 0.00% -2941 0.00% -

10

Page 11: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

2942 0.00% -30 0.00% -31 0.00% -32 0.00% -33 0.00% -34 0.00% -3501 0.00% -3502.90 0.00% -3503 0.00% -3504 0.00% -3505.10.10 0.00% + 14.00 GBP / 100 kg -3505.10.50 0.00% -3505.10.90 0.00% + 14.00 GBP / 100 kg -3505.20.10 0.00% + 3.70 GBP / 100 kg MAX 8.00% -3505.20.30 0.00% + 7.40 GBP / 100 kg MAX 8.00% -3505.20.50 0.00% + 11.00 GBP / 100 kg MAX 8.00% -3505.20.90 0.00% + 14.00 GBP / 100 kg MAX 8.00% -3506 0.00% -3507 0.00% -36 0.00% -37 0.00% -3801 0.00% -3802 0.00% -3803 0.00% -3804 0.00% -3805 0.00% -3806 0.00% -3807 0.00% -3808 0.00% -3809.10.10 0.00% + 7.40 GBP / 100 kg MAX 8.00% -3809.10.30 0.00% + 10.00 GBP / 100 kg MAX 8.00% -3809.10.50 0.00% + 12.00 GBP / 100 kg MAX 8.00% -3809.10.90 0.00% + 14.00 GBP / 100 kg MAX 8.00% -3809.91 0.00% -3809.92 0.00% -3809.93 0.00% -3810 0.00% -3811 0.00% -3812 0.00% -3813 0.00% -3814 0.00% -3815 0.00% -3816 0.00% -3817 0.00% -3819 0.00% -3820 0.00% -3821 0.00% -3823 0.00% -

11

Page 12: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

3824.10 0.00% -3824.30 0.00% -3824.40 0.00% -3824.50 0.00% -3824.60.11 0.00% + 13.00 GBP / 100 kg -3824.60.19 0.00% + 31.00 GBP / 100 kg -3824.60.91 0.00% + 19.00 GBP / 100 kg -3824.60.99 0.00% + 44.00 GBP / 100 kg -3824.71 0.00% -3824.72 0.00% -3824.73 0.00% -3824.74 0.00% -3824.75 0.00% -3824.76 0.00% -3824.77 0.00% -3824.78 0.00% -3824.79 0.00% -3824.81 0.00% -3824.82 0.00% -3824.83 0.00% -3824.84 0.00% -3824.85 0.00% -3824.86 0.00% -3824.87 0.00% -3824.88 0.00% -3824.91 0.00% -3824.99 0.00% -3825 0.00% -3826 0.00% -39 0.00% -40 0.00% -41 0.00% -42 0.00% -43 0.00% -44 0.00% -45 0.00% -46 0.00% -50 0.00% -51 0.00% -52 0.00% -53 0.00% -54 0.00% -55 0.00% -56 0.00% -57 0.00% -58 0.00% -59 0.00% -60 0.00% -

12

Page 13: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

1Commodity code

2Preferential duty rate

3Validity

61 0.00% -62 0.00% -63 0.00% -64 0.00% -65 0.00% -66 0.00% -67 0.00% -68 0.00% -69 0.00% -70 0.00% -71 0.00% -7202.19 0.00% -7202.21 0.00% -7202.29 0.00% -7202.30 0.00% -7202.41 0.00% -7202.49 0.00% -7202.50 0.00% -7202.70 0.00% -7202.91 0.00% -7202.92 0.00% -7202.99 0.00% -73 0.00% -74 0.00% -75 0.00% -76 0.00% -78 0.00% -79 0.00% -81 0.00% -82 0.00% -83 0.00% -84 0.00% -85 0.00% -86 0.00% -87 0.00% -88 0.00% -89 0.00% -90 0.00% -91 0.00% -92 0.00% -93 0.00% -94 0.00% -95 0.00% -96 0.00% -

13

Page 14: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

ANNEX II PREFERENTIAL QUOTA TABLE

1. This table sets out the quota duty rates for the Agreement, under regulation 4 of the

Regulations and the quota number in column 1 is defined in regulation 2(1) of the Regulations. 

2. Column 2 indicates whether goods classified against the commodity code in that row are subject

to an origin quota, as defined in regulation 7(1) of the Regulations.

3. The commodity code in column 3 is defined in regulation 2(3) of the Tariff Regulations. 

4. The quota duty rate per year in column 4 is defined in regulation 4(3) of the Regulations. Where a

date range in the format “DD-MM to DD-MM” appears in column 4b, the preferential duty rate in

that row is only applicable during that date range.

5. The quota volume in column 5 is the maximum quantity of quota goods that can be imported

under the quota during the quota period under regulation 9 of the Regulations, as may be adjusted

by the quota increase set out in column 9. 

6. Column (6) (7) shows the quota period as defined in regulation 8(1) of the Regulations. “CY”

refers to a calendar year (01-01 to 31-12).

7. Column 8 indicates the unit for the volume. SME refers to “square metre equivalent”. “hl” refers

to hectolitre.

8. Column 9 indicates any increase in the quota volume over time, with the quota volume in

column 5 indicating the quota volume for the quota period applicable on 1 January 2021.

9. Column 11 indicates any pro rata volume that applies for parts of 2021 and column 12 indicates

the period in 2021 during which this volume applies.

10. Column 12 refers to additional notes, if applicable.

Note A: If 80% of the quota is used, the UK will provide an additional volume of 136 tonnes

per year, to a maximum level of 817 tonnes.

Note B: The quotas 05.0690, 05.2129 and 05.2130 are linked. Any used volume is deducted

from all three quotas.

14

Page 15: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

FAROE ISLANDS TARIFF QUOTAS

(1) Quota number 

(2) Origin Quota

(3) Commodity code 

(4) Quota duty rate 

(4b) Validity of duty rate

(5) Quota volume

(6) (7) Quota period

(8) Units 

(9) Quota increase 

(10) Pro rata volume for 2021

(11) Validity of pro-rata volume in 2021

(12) Notes

05.0671 No 0301.91.90.11 0.00% - 95 CY tonne n/a n/a n/a -0301.91.90.19 -0302.11.20.00 -0302.11.80.11 -0302.11.80.19 -0303.14.20.00 -0303.14.90.11 -0303.14.90.19 -0304.42.10.00 -0304.42.90.10 -0304.82.10.00 -0304.82.90.10 -0304.99.21.11 -

05.0672 No 0305.53.90.10 0.00% - 102 CY tonne n/a n/a n/a -05.0674 No 0307.91.00.10 0.00% - 163 CY tonne n/a n/a n/a -

0307.92.00.10 -1605.59.00.10 -

05.0675 No 1604.11.00.30 0.00% - 54 CY tonne n/a n/a n/a -1604.19.10.10 -1604.20.10.30 -1604.20.30.10 -

05.0676 No 0306.14.90.10 0.00% - 102 CY tonne n/a n/a n/a -05.0679 No 0306.16.91.00 0.00% - 545 CY tonne See note n/a n/a A

0306.16.99.00 -0306.17.91.00 -0306.17.92.00 -

15

Page 16: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

(1) Quota number 

(2) Origin Quota

(3) Commodity code 

(4) Quota duty rate 

(4b) Validity of duty rate

(5) Quota volume

(6) (7) Quota period

(8) Units 

(9) Quota increase 

(10) Pro rata volume for 2021

(11) Validity of pro-rata volume in 2021

0306.17.93.00 -0306.17.94.00 -0306.17.99.00 -0306.94.00.00 -0306.95.11.00 -0306.95.19.00 -0306.95.20.00 -0306.95.30.91 -0306.95.30.99 -0306.95.40.00 -0306.95.90.00 -1605.21.10.00 -1605.21.90.00 -1605.29.00.00 -1605.40.00.20 -

05.0681 No 1604.17.00.00 0.00% - 163 CY tonne n/a n/a n/a -1604.18.00.00 -1604.19.92.00 -1604.19.93.00 -1604.19.94.00 -1604.19.95.00 -1604.19.97.00 -1604.20.05.00 -1604.20.90.20 -1604.20.90.30 -1604.20.90.35 -1604.20.90.40 -1604.20.90.50 -1604.20.90.60 -

16

Page 17: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

(1) Quota number 

(2) Origin Quota

(3) Commodity code 

(4) Quota duty rate 

(4b) Validity of duty rate

(5) Quota volume

(6) (7) Quota period

(8) Units 

(9) Quota increase 

(10) Pro rata volume for 2021

(11) Validity of pro-rata volume in 2021

(12) Notes

1604.20.90.90 -05.0689 No 2309.90.10.21 0.00% - 2,724 CY tonne n/a n/a n/a -

2309.90.10.81 -2309.90.31.30 -2309.90.41.20 -

05.0690 No 0204.10.00.00 0.00% - 3 CY tonne n/a n/a n/a B0204.21.00.00 -0204.22.00.00 -0204.30.00.00 -0204.41.00.00 -0204.42.00.00 -0204.50.11.00 -0204.50.13.00 -0204.50.15.00 -0204.50.19.00 -0204.50.31.00 -0204.50.51.00 -0204.50.53.00 -0204.50.55.00 -0204.50.59.00 -0204.50.71.00 -

05.2129 No 0204.23.00.11 0.00% - 3 CY tonne n/a n/a n/a B0204.23.00.91 -0204.43.10.00 -0204.50.39.10 -0204.50.79.10 -

05.2130 No 0204.23.00.19 0.00% - 3 CY tonne n/a n/a n/a B0204.23.00.99 -0204.43.90.00 -

17

Page 18: THE FAROE ISLANDS PREFERENTIAL TARIFF · Web viewTHE FAROE ISLANDS PREFERENTIAL TARIFF VERSION 2.0, DATED 9th December 2020 PART ONE: Overview PART TWO: UK Preferential Tariff Annex

(1) Quota number 

(2) Origin Quota

(3) Commodity code 

(4) Quota duty rate 

(4b) Validity of duty rate

(5) Quota volume

(6) (7) Quota period

(8) Units 

(9) Quota increase 

(10) Pro rata volume for 2021

(11) Validity of pro-rata volume in 2021

(12) Notes

0204.50.39.90 -0204.50.79.90 -

18