April 2024 Update on HMRC’s Developing Countries Trading Scheme (DCTS) Duty Rates

AI Summary ✨

  1. Correction of Dataset Entries: The Department for Business and Trade has made corrections to their dataset, affecting duty rates under the Developing Countries Trading Scheme (DCTS).
  2. Updated Duty Rates: Changes have been applied to specific commodity codes under DCTS Standard and Enhanced Preferences, effective from 26/04/2024.
  3. Commodity Codes Affected: Updates include various commodity classifications, with key updates for items like ferro-alloys, synthetic fibres, and yarns of different colors.
  4. End Dated Measures: Certain measures under both DCTS Standard and Enhanced Preferences, specifically for the commodity code 2844305190, have been terminated as of 25/04/2024.

 

Update to Developing Countries Trading Scheme (DCTS) measures:

This update is due to the Department for Business and Trade correcting their dataset entry in respect of duty rates applied to Developing Countries Trading Scheme (DCTS) measures.

The duty rate applied to 142 – Tariff Preference, DCTS Standard Preferences measures have been updated on the following commodity codes as of 26/04/2024:

Commodity CodeClassification
2009697900Other
2101309900Other
3903190000Other
5007206000Of yarns of different colours
5702320000Of man-made textile materials
6303120000Of synthetic fibres
7202000000Ferro-alloys

The duty rate applied to 142 – Tariff Preference, DCTS Enhanced Preferences measures have been updated on the following commodity codes as of 26/04/2024:

Commodity CodeClassification
0402991000Of a fat content, by weight, not exceeding 9.5%
2009697900Other
2101309900Other

The 142 – Tariff Preference, DCTS Standard and Enhanced Preferences measure set on the following commodity code have both been end dated as of 25/04/2024:

Commodity CodeClassification
2844305190Other

  
  
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