April 2024 Tariff Suspensions Update: HMRC and DBT Address Implementation Issues

AI Summary ✨

  1. Implementation Issues Noted: HMRC has identified issues with the recent changes to Tariff suspensions that came into effect on 11 April 2024.
  2. Collaboration for Resolution: HMRC and the Department for Business and Trade (DBT) are actively working together to resolve these issues promptly.
  3. Implications for Importers: Importers affected by these tariff changes may be eligible for repayments of customs duty and import VAT.
  4. Guidance for Importers: For detailed guidance on how to apply for these repayments, importers are directed to the C285 form available on the GOV.UK website.

Tariff Suspensions:

There has been an issue with the implementation of some changes to Tariff suspensions. HMRC and DBT are working together to resolve this issue as soon as possible. These suspensions came into legal effect on 11 April 2024. Importers may be able to claim for repayments of customs duty and/or import VAT. To find out more, please consult how to apply for a repayment of import duty and VAT if you’ve overpaid (C285) – GOV.UK (www.gov.uk)

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