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SEC Mail Processing Section “ANESEC 17005937Z01/7Ft8OMB APPROVAL, umber: 3235012 3 Expires May 31, 2017, Estimated average burden hours per response......12.00ANNUNL MW., FORM X17A5 PART III Washington
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What is quotas?
Quotas are restrictions on the quantity of goods that can be imported or exported in a specific period of time.
Who is required to file quotas?
Importers and exporters are required to file quotas.
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Quotas can be filled out by submitting the required information online through the designated portal.
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The purpose of quotas is to regulate the flow of goods in and out of a country and protect domestic industries.
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Information such as the quantity of goods, country of origin, and value of the goods must be reported on quotas.
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