Supplementary Levy
Summary of Supplementary Levy
An additional tax that may be imposed upon imports of pork, poultry, or eggs into the European Economic Community when the purchase price of such items falls below the Gate Price (read this and related legal terms for further details) provided in the EEC Common Agricultural Policy.
(Main Author: William J. Miller)
Supplementary Levy and the GATT Policy Negotiations
In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Supplementary Levy: An additional duty that may be imposed under the European Community’sCommon Agricultural Policy on imports of pork, poultry , or eggs when the purchase price falls below the established gate price. See also variable levy.