TARIFF RATE QUOTAS

A tariff rate quota is a trade policy measure that enables importation with a tariff preferential treatment thanks to an international trade agreement undersigned by Peru in an established amount and duration. According to Supreme Decree N° 007-2009.MINCETUR, the mechanism to be used in the application of tariff rate quotas is “first in, first out”. Once a means of transport arrives at a Customs primary area, the quantity within the tariff rate quota will be requested. Imported quantities that exceed an amount fixed as a quota will pay regular duties or a minor preferential tariff treatment as established in the Agreement.
Click here for information on a Specific Procedure for the Application of Tariff Rate Quotas in goods importation under international trade agreement undersigned by Peru INTA-PE.01.18 (in Spanish).
http://www.sunat.gob.pe/legislacion/procedim/despacho/definitivos/importac/procGeneral/index.html


CONSULTATION
Click here to learn the percentage of tariff elimination applied to importation of goods under trade agreements or conventions (in Spanish).
http://www.aduanet.gob.pe/itarancel/arancelS01Alias