Customs duty on grain imports increased to 130 percent

The customs duty on some grain imports from all countries except Bosnia and Herzegovina will be increased to 130 percent from May 1.

Included in Chapter 10 of List I attached to the import regime resolution; According to the footnote added to the decision, imports of soft and red wheat and durum wheat, meslut, rye, oats, white and malted barley, corn and millet were imposed zero tariffs until April 30.

16.2 PERCENT TO SINGAPORE IMPORTS

According to the President’s decision modifying the import regime decision published in today’s edition of the Official Gazette, it includes the EU, UK, Georgia, South Korea, Malaysia, Kosovo, Venezuela, D-8 countries and countries included in the preferential trade system (TPS-OIC) The customs duty on imports of soft and red wheat, durum wheat, meslut, white and malted barley, maize and millet from all countries was increased to 130 percent, as of May 1.

With the regulation, a 16.2 percent customs duty was imposed on imports of rye, white barley, oats, maize and millet from Singapore. (Reuters)