Entry Price System Sample Clauses

Entry Price System. The European Union’s (EU) Entry Price System (EPS) is a variable tariff mechanism applying to 15 types of fruits and vegetables as detailed on the next page. The Entry Price System was introduced to protect EU growers. The objective of which is to prevent the price level from non-EU countries having an adverse effect on prices within the community. Under the EPS, a specific duty is charged in addition to the ad-valorem duty whenever the price at which the goods are imported is below a pre-determined entry price. The specific duty varies depending on the differences between the entry price and the import price of the goods. In most cases, if the import price of the consignment undercuts the entry price by more than 8%, the full bound tariff is applied. The UK Government has simplified the tariff for many agricultural products. This simplification includes removing the Entry Price System, as well as setting a single rate for tariffs which previously varied seasonally, of which applied a minimum and maximum tariff level. However, the UK is retaining the flexibility to implement an EPS. The tables below show the changes implemented under the new MFN UKGT compared with the existing EU CET. APPLES Other than cider apples Seasonal Entry price 1 Jan – 31 Mar 4.0 % 1 Apr – 31 Jul 0.0 % 1 Aug – 31 Dec 8.0 % APRICOTS Seasonal Entry Price 20.0 % ARTICHOKES Globe artichokes Seasonal Entry Price 10.0 % CHERRIES Sour cherries Seasonal Entry Price 12.0 % Other than sour Seasonal Entry Price 1 Aug – 31 May 12.0 % 1 Jun – 31 Jul 6.0 % CLEMENTINES Incl. monreales Seasonal Entry Price 16.0 % COURGETTES Seasonal Entry Price 12.0 % CUCUMBERS Seasonal Entry Price 12.0 % LEMONS Seasonal Entry Price 6.0 % MANDARINS Incl. tangerines, satsumas Seasonal Entry Price 16.0 % ORANGES Incl. navelines, navelates, Seasonal Entry Price 1 Nov – 30 Apr 10.0 % 1 May – 31 Oct 2.0 % PEACHES & NECTARINES Seasonal Entry Price 16.0 % PEARS Excl. ▇▇▇▇▇ ▇▇▇▇▇ Seasonal Entry Price 1 Jan – 31 Jan 8.0 % 1 Feb – 31 Mar 4.0 % 1 Apr – 31 Jul 0.0 % 1 Aug – 31 Dec 10.0 % PLUMS Seasonal Entry Price 1 Oct – 30 Jun 6.0 % 1 Jul – 30 Sep 12.0 % TABLE GRAPES Seasonal Entry Price 8.0 % TOMATOES Seasonal Entry Price 1 Nov – 31 May 8.0 % 1 Jun – 31 Oct 14.0 % For some products, the weight of the consignment determines the amount of duty, or additional specific duty in the case of entry prices, that is due. For example, bananas are calculated at a rate of euros per 1000 kg. To calculate the amount of duty due under the...