Temporary reduction of tariffs on 22 products including meat of bovine animals, milk powder for baking, butter, anhydrous milk fat, and wheat to be implemented for a three-month period from April 1 to June 30, 2024

On April 3, 2024, Customs Administration, Ministry of Finance (MOF) announced that temporary reduction of tariffs on meat of bovine animals from NT$10 per kilogram to NT$5 per kilogram, on milk powder for baking from 10% to 5%, on butter from 5% to 2.5%, on anhydrous milk fat from 8% to 4%, and on wheat from 6.5% to 0% shall be implemented for a three-month period from April 1 to June 30, 2024.

Customs Administration has provided a “List of 22 products including meat of bovine animals, milk powder for baking, butter, anhydrous milk fat, and wheat on which tariffs are temporarily reduced” for the public’s reference.