Tariff News

AI Summary ✨ HMRC Announcement Date: The update was officially released by HM Revenue & Customs on April 8, 2024, aiming to inform about significant changes. Focus of Update: A pivotal amendment to the Document Code Description concerning code 901Y has been introduced. Nature of the Update: This change comes as a correction made by …

April 2024 HMRC Update: Key Changes in Document Code Description for Traders Read More »

AI Summary ✨ In April 2024, HM Revenue & Customs published significant updates impacting international trade regulations and tariffs. Key points include: Extension of Anti-Dumping Duty: The Trade Remedies Authority recommended extending the anti-dumping duty on certain cast iron articles from China, ensuring fair trade practices. Commodity Code Structure Revamp: To maintain dynamic alignment with …

April 2024 Updates: Anti-Dumping Duty, EU-Aligned Commodity Codes, and Adjustments to South African Wine and India Steel Quotas Read More »

AI Summary ✨ On 28 March 2024, HM Revenue & Customs announced significant updates to several tariff control measures and international trade preferences. These changes include updates to the Department for Environment, Food & Rural Affairs (DEFRA) Veterinary Control measures and Phytosanitary Certificate measures, adjustments to the Tariff Preference Measures for Eastern and Southern Africa …

Key Updates to UK Tariff Controls and International Trade Preferences Announced by HMRC on 28 March 2024 Read More »

AI Summary ✨ The article announces updates by HM Revenue & Customs on 20 March 2024, focusing on two main areas: the update to the Commodity Code Structure for maintaining dynamic alignment with the EU and amendments to the South African Wine Quota. The commodity code changes involve the absorption of several codes into a …

March 2024 Commodity Code and South African Wine Quota Update: Ensuring EU Alignment & Correct Volume Criteria – HMRC Notice Read More »

AI Summary ✨ Updates from HM Revenue & Customs, published on 15 February 2024, focusing on changes to commodity code structures, duty measure coverage, and Simplified Procedure Values to maintain dynamic alignment with the EU. Key updates include adjustments to specific commodity codes, introduction of new codes for various chemicals and substances as of 06 …

Comprehensive Update on HMRC Commodity Code Structures and Duty Measures – February 2024 Read More »

AI Summary ✨ Update to Simplified Procedure Value (SPV): The SPV has been revised for the period between 1st and 14th February 2024, providing updated guidance for businesses and traders on simplified customs values. Update to Quota Volumes for Central America: Adjustments have been made to the quota volumes for beef, rum, and sugar associated …

UK Tariff Updates: Simplified Procedure Value, Quota Volumes for Central America, and Veterinary Controls – 02 February 2024 Read More »

AI Summary ✨ Import Control of Fluorinated Greenhouse Gases: Implementation of new legislative requirements by the Environment Agency starting 1 February 2024, aimed at controlling the importation of fluorinated greenhouse gases to comply with environmental standards. Auto Suspensions Coverage: Correction of missing tariff dataset entries for specific commodity codes related to auto suspensions, effective from …

Comprehensive Update on UK Tariff Measures: Import Controls, Auto Suspensions, Duty Rates, and Tariff Preferences – 31 January 2024 Read More »

AI Summary ✨ Announcing the removal of the 999L waiver code for import declarations in the UK’s Customs Declaration Service (CDS), effective from 31 January 2024. New national waiver codes for imports are introduced, with detailed guidance available in Appendix 5A. The post also notes that the 999L code will remain valid for export declarations …

UK Customs 999L Update 2024: Key Changes in Import Waiver Codes and Impact on CDS Declarations with 999L Read More »