Import licence
Article 2
1. For the purposes of Article 12(1) of Regulation (EU) No 228/2013, products subject to the presentation of an import licence shall be exempt from import duties on production of that licence. 2. Import licences shall be drawn up in accordance with the specimen set out in Annex I to Regulation (EC) No 376/2008. Article 7(5) and Articles 12, 14, 16, 17, 18, 20, 22, 25, 26, 28, 32 and 35 to 40 of Regulation (EC) No 376/2008 shall apply mutatis mutandis, without prejudice to this Regulation. 3. Box 20 of import licence applications and import licences themselves shall contain one of the entries listed in Part A of Annex I and one of the entries listed in Part B of Annex I. 4. Box 12 of import licences shall show the last day of validity. 5. The competent authorities shall issue import licences at the request of the parties concerned, subject to the limits of the forecast supply balances. 6. Import duties shall be levied on quantities which exceed those stated on the import licence. The tolerance of 5 % provided for in Article 7(4) of Regulation (EC) No 376/2008 shall be allowed, provided that the import duties relating thereto are paid.