The Caribbean Court of Justice (CCJ) has ruled against Rock Hard Cement, which challenged a 50 per cent tariff on imported hydraulic cement into the region. In a judgment released yesterday, Barbados’ highest court explained that in 2020, the Council for Trade and Economic Development (COTED), an organ of CARICOM, granted an application by Trinidad and Tobago to suspend the Common External Tariff (CET) of five per cent and substitute a …
Rock Hard quota challenge to be heard on Thursday
Wednesday 6 January 2021
In this file photo, Jose Lopez throws out a bag of Rock Hard cement to mix at Second Crossing Hardware, Bon Air Gardens, Arouca on January 2. - AYANNA KINSALE
THE local and regional importers of the Rock Hard hydraulic cement, manufactured in Turkey, will on Thursday seek to convince a High Court judge to grant an interim order restraining the Ministry of Trade and Industry from imposing a quota and 50 per cent in duties for cement.
Rock Hard Distributors of TT and Rock Hard Distribution of St Lucia are challenging the November 13, 2020 decision of the Ministry of Trade to introduce a quota from January 1 only allowing 75,000 tonnes across the board for all distributors for the year.