Carry-Over

Carry-Over in foreign trade typically refers to the extension of unused quotas, quotas, order quantities, or trade remedy measures from one period to the next for continued use or implementation. It is commonly seen in scenarios such as tariff quotas, textile quotas, anti-dumping/countervailing measures, export tax rebate quotas, and corporate annual procurement plans. Usage scenarios include: applying to carry over the unused portion of a quota at the end of the quota year to the next year; anti-dumping duties continuing to be carried over and collected after a review; enterprises carrying over unfinished order quantities to the new quarter. Precautions: Carry-over must comply with relevant regulations or contract agreements. For example, quota carry-over usually requires an application to customs or the commerce department and approval, and there may be time limits or proportional limits; carry-over is different from 'Extension', which extends the original period, while carry-over transfers the remaining rights to a new period; it is the opposite of 'Advance', which is the early use of the next period's quota. Foreign trade practitioners should pay attention to policy changes to avoid quota invalidation or compliance risks due to failure to apply for carry-over in a timely manner.