Turkey Grants Various Zero-Tariff Rates Through Tariff Quotas

Tariff quota regulations provide for quantities within which imports are charged lower customs duties. By the end of 2018, Turkey established reduced import duties to zero per cent for a pre-determined volume of goods.

The Presidential Decree no 512¹ taken on 26 December 2018 set out tariff quotas on imports of certain inorganic acids, certain organic and non-organic chemicals, certain plastics, compressors used in refrigerating equipment, and certain circuit boards for monitor classified under the CN code 8528². Imports of those products will benefit from a zero-tariff rate as of 1 January 2019 provided that they are made within the relevant quotas. Once the quotas are filled, the corresponding customs duty rates provided for in the Import Regime Decision will be applicable.