May 2024

AI Summary ✨ 1. New Commodity Code Introduced: HMRC has introduced a new commodity code 7304312095 as of 17 May 2024.2. Further Additions: Additional commodity codes 2912410010, 2912410090, 2912420010, and 2912420090 have been created as of 24 May 2024.3. Dynamic Alignment with the EU: These updates ensure the UK’s tariff structure maintains dynamic alignment with …

HMRC Announces New Commodity Codes to Align with EU – Update May 2024 Read More »

AI Summary ✨ New DEFRA Footnote for Timber Products: Effective 24 May 2024, DEFRA introduces Footnote CD773 for timber products from Indonesia under the FLEGT licensing scheme. Certificate Requirement: Certificate C690 is now mandatory for Indonesian timber imports directly into the UK, with specified exemptions. Exemptions Explained: Timber products not covered by the UK/Indonesia FLEGT …

UK Tariff Update: Import Control of Timber Products and Simplified Procedure Value Changes Read More »

AI Summary ✨ HMRC has announced updates to the UK commodity code structure effective from May 2024 to ensure alignment with the EU. Several commodity codes will be ending as of May 15, 2024. Many existing commodity codes are being absorbed into new or existing codes starting from May 16, 2024. New commodity codes have …

Update on UK Commodity Code Structure: Changes Effective May 2024 to Align with EU Read More »

AI Summary ✨ HMRC announces an update to the Phytosanitary Certificate (import) measure for commodity code 0910110000. A DEFRA waiver has been added to the measure as of 18 May 2024. The update specifies that goods under this code do not require pre-notification on IPAFFS. This change is referenced under Document Code 901Y. Update to …

Update on Phytosanitary Certificate (Import) for Commodity Code 0910110000 – May 2024 Read More »

AI Summary ✨ Fluorinated Greenhouse Gases Footnote Descriptions Updated: Corrections made by the Department for Business and Trade on footnote descriptions for CD753 and CD765. Preferential Quota Measures Adjusted: New quota measures for Ecuador, Central America, and Morocco on specific commodity codes. Veterinary Control Measures Enhanced: Addition of a DEFRA waiver for dried, dormant egg …

HMRC Tariff Update: Fluorinated Gases, Preferential Quotas, and Veterinary Control Measures – 17 May 2024 Read More »

AI Summary ✨ Introduction of Sanctions: The UK government has imposed new trade sanctions on Belarus as detailed in The Sanctions (EU Exit) (Miscellaneous Amendments and Revocations) Regulations 2024. Scope of the Ban: The sanctions now extend to all imports of goods consigned from or originating in Belarus under commodity codes listed in Chapter 76. …

UK Implements New Trade Sanctions Against Belarus: Key Tariff Changes Explained Read More »

AI Summary ✨ HMRC Amendment: A correction to the tariff dataset for third country duty measures, particularly affecting a variety of commodity codes. Effective Date: The updates took effect on 15 May 2024, addressing previously missing entries in the tariff system. Key Commodity Codes Affected: Updates involve floral commodities such as roses, carnations, and orchids, …

Latest HMRC Update: Expanded Duty Measures on Imported Goods Including Florals and Aluminium Products as of 15th May 2024 Read More »

AI Summary ✨ Omission of Third Country Duty Measures: The HMRC announced that several Third Country duty rate measures are missing from the tariff dataset post the addition of 103 new measures, impacting various commodity codes related to floral products such as roses, carnations, and orchids. Urgent Fix and Declaration Disruption: An urgent fix is …

Latest HMRC Update: Key Changes in Third Country Duty Measures and Agricultural Licences – May 14, 2024 Read More »

AI Summary ✨ Business Duty Suspensions: Newly incorporated suspensions effective from April 11, 2024, are now reflected in the CDS and online tariff systems. Importers can apply additional code 2700 for customs and VAT repayments. Future Changes to Duty Suspensions: Plans are underway to streamline the integration of business and COVID duty suspensions into a …

Key Updates on HMRC Tariff: Business Duty Suspensions and International Trade Adjustments – May 13, 2024 Read More »

AI Summary ✨ Phytosanitary Certificate (Import) Measure Update: Correction of dataset by the Department for Business and Trade; end date set for an incorrect measure on commodity code 0703101900. Simplified Procedure Value (SPV) Update: Adjustment in SPV coverage for the period between 10 May and 23 May 2024. Affected Commodity Code: 0703101900 (Other) measure ended …

Update to Phytosanitary Certificate Coverage and Simplified Procedure Value – HMRC Notice (09 May 2024) Read More »