A tariff concession removes the duty for certain goods that an importer would otherwise pay under the tariff. A tariff concession assists in reducing costs for imported goods, for instance, where suitable alternative goods are not locally produced or manufactured. A successful application for a tariff concession will make the imported products more competitive in the import market. Objections can be made to tariff concession applications.
The following applications for tariff concessions have been made in the past two weeks:
Click here to view table.