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Temporary reduction of tariff on ingredients of pharmaceutical alcohol implemented for a six-month period from August 27, 2022 to February 26, 2023 was approved by the Executive Yuan.

Customs Administration of the Ministry of Finance stated that the domestic COVID-19 epidemic has not subsided. To keep epidemic prevention commodities well supplied, it is necessary to lower the import cost of ingredients of pharmaceutical alcohol. Therefore, according to Article 71 of the Customs Act, the Executive Yuan approved a continuous temporary reduction of tariff on ingredients of pharmaceutical alcohol (Tariff no. 2207.10.90) from 20% to 10% for a six-month period starting from August 27, 2022. The implementation of the reduction will be reviewed periodically, based on the progress of epidemic prevention and the market supply and demand for the commodity.

The Administration highlights that the duration of the temporary reduction of tariff is from August 27, 2022 to February 26, 2023. The application of the revised tariff rate shall be governed by Article 2 of the Enforcement Rules of the Customs Act. For imported goods, the amendment of the tariff shall apply from the arrival date of the means of transportation. According to Article 6 of the same regulation, “the arrival date of the transportation means” refers to the date on which the vessel arrives at the port of entry and files the import manifest with Customs for sea cargo, and for air cargo refers to the date on which the plane arrives at the airport and files the import manifest with Customs.

Customs Administration has provided a “List of undenatured ethyl alcohol of an alcoholic strength by volume exceeding 90% on which tariff is temporarily reduced” for the public’s reference.

Phone: (02)2550-5500 ext.1040

Issued:Secretariat Release date:2022-11-16 Click times:92