The EU and Japan's Economic Partnership Agreement came into force on 1 February 2019. The EPA provides for a gradual reduction of duties starting from that date, with each year beginning on 1 April. If I am reading this document
https://trade.ec.europa.eu/doclib/do...doc_157229.pdf correctly, the base rate was 6.7% prior to the EPA coming into force. Until 31 March, 2019, it was 5.0%, 3.4% until 2020, 1.7% until 31 March, 2021 and 0% this year. If my reading is a year off, it is 1.7% this year. Please see page 95 of the document for photo equipment.
Kumar
Bookmarks