1.By way of derogation to the rates of import duty in the Common Customs Tariff, the import duty on cereal products falling within CN codes 10011100, 10011900, ex10019120 (common wheat seed), ex10019900 (high-quality common wheat other than seed), 10021000, 10029000, 10051090, 10059000, 10071090 and 10079000 shall be equal to the intervention price on importation, increased by 55 %, minus the CIF import price determined in accordance with Article 16(1) applicable to the consignment in question. However, that import duty may not exceed the conventional rate of duty as determined on the basis of the Combined Nomenclature. This paragraph is not applicable to cereal products originating in or exported directly or indirectly from Belarus and Russia for which the rates of import duty in the Common Customs Tariff apply.