Tariff concessions that are provided for a predetermined volume of goods are called “preferential tariff quotas”. Learn more.

Tariff concessions that are provided for a predetermined volume of goods are called “preferential tariff quotas”. Within these tariff quotas, a predetermined volume of goods originating in a specified country/territory can benefit at import from a more favourable rate of duty than the normal third countries/territories duty. Entitlement to benefit from tariff quotas is subject to presentation of the necessary evidence of origin.