Public Notice from the Ministry of Finance
Issued on Oct. 28, 2019
Tai-Tsai-Guan-No. 1081021824
Subject: Tariff rate quota (TRQ) for the year 2020 applicable to the importation of peanuts, raw sugar and refined sugar originating in the Republic of Nicaragua.
Legal basis: The annex 3.03 of customs tariff elimination schedule under the Free Trade Agreement between the Republic of China (Taiwan) and Republic of Nicaragua (hereinafter referred to as “the FTA”), and the Decision 1 and 5 of the Free Trade Commission of the FTA, and the provisions of Chapter 12, Additional Note 1, Chapter 15, Additional Note 5, Chapter 17, Additional Note 4 and Chapter 20, Additional Note 3, of the Customs Import Tariff.
Notice Content:
1. For the year 2020, the TRQ for peanuts originating in the Republic of Nicaragua shall be allocated by the Republic of China (Taiwan) government. TRQ-related points of attention are as follow:
(1) The HS code, TRQ, allocation period, application period and date of bid opening thereof for the Year 2020 are specified in the Annex 1 of this Notice.
(2) In-quota tariff rate: 0%.
(3) Allocation method: Allocation in advance.
(4) Eligibility entities for TRQ allocation: The applicant must have been registered with the Bureau of Foreign Trade, Ministry of Economic Affairs as an import/export business.
(5) Details of allocation method: Quotas shall be allocated in order of the premiums the bidders offered. If there are two or more bidders offering identical bid prices and the quota available for allocation is less than the total amount in the bid, allocation will be made on a pro rata basis.
(6) Maximum and minimum quantity for bidding: The quantity of application shall not exceed the maximum quantity or fall below the minimum quantity of bidding as specified in the Annex 1.
(7) TRQ certificates issuance: TRQ certificates will be issued by the Bank of Taiwan. For detailed information about certificate application procedures and related matters, please refer to the notices published subsequently by the Bank of Taiwan.
2. For the year 2020, the TRQ for raw sugar and refined sugar originating in the Republic of Nicaragua shall be allocated by the Republic of Nicaragua government. TRQ-related points of attention are as follow:
(1) The HS code, TRQ and allocation period thereof for the Year 2020 are specified in the Annex 2 of this Notice.
(2) In-quota tariff rate: 0%.
(3) TRQ certificate: The certificate shall be issued by the Ministerio de Fomento, Industria y Comercio (MIFIC) of the Republic of Nicaragua.
(4) For detailed information about the allocation results and recipients of TRQ, please contact the Office of the Economic Counselor, Embassy of the Republic of China in Nicaragua. (Oficina del Consejero Economico, Embajada de la Republica de China en Nicaragua.) Tel no. 505-22700421. Email: nicaragua@moea.gov.tw.
3. Origin determination: The origin of goods covered by this Public Notice shall be determined pursuant to Chapter 4 (Rules of Origin) under the FTA.
4. Import regulations: Imported goods covered by this Public Notice are subject to applicable quarantine, inspection and other import regulations enforced by competent authorities. Please check laws and regulations published by the Ministry of Health and Welfare, Council of Agriculture, and Ministry of Economic Affairs for details.
List of the peanuts HS code, TRQ, allocation period, application period and date of bid opening thereof for the year 2020
(allocated by auctions for TRQ rights by the Republic of China government )
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| Description of products | HS code | Tariff rate quota | Period for allocation (importation) | Period of asking for bidding form and submitting bid | Date of bid opening | Maximum quantity of each bidding | Minimum quantity of each bidding |
| Peanuts (Note ) | 12023010 12023020 12024100 12024200 15081000 15089000 20081111 20081112 20081191 20081192 | 250 MT | From Jan. 1, 2020 to Dec. 31, 2020 | From Jan. 6, 2020 to Jan. 20, 2020 | Jan. 21, 2020 | 50 | 14 |
Note: Peanuts include shell, shelled, and ground-nuts oil. The quota of 250 MT of peanuts is based on shell. If the winning bidder proposes to import shelled and ground-nuts oil, applications for the certificate of TRQ shall be submitted to the Department of Precious Metals, Bank of Taiwan, based on the products’ respective conversion into the quota of peanuts. The conversion ratio of shelled and ground-nuts oil is 1.5 and 3.8 respectively. In the event of a HS code revision by a Presidential Order, the new HS code provided in that Order shall apply.
List of the raw sugar and refined sugar TRQ, HS code, importation period thereof under the Free Trade Agreement between the Republic of China (Taiwan) and the Republic of Nicaragua for the Year 2020
(allocated by the Republic of Nicaragua government)
| Description of products | HS code | Tariff rate quota | Period for allocation (importation) |
| Raw Sugar | 17011300 17011400 17019110 | 35,000 MT | From Jan. 1, 2020 to Dec. 31, 2020 |
| Refined Sugar | 17019120 17019910 17019920 17019990 | 25,000 MT | From Jan. 1, 2020 to Dec. 31, 2019 |
Note: HS code revision by a Presidential Order, the new HS code provided in that Order shall apply.