AI Summary ✨ Amendment of Duty Rates: Effective 17 May 2024, the Department for Business and Trade has revised the duty rates under the third country duty measure 103. Affected Commodity Codes: Changes apply to specific commodity codes such as 7019140010 and 8708705050, impacting items like low moisture absorption ceramic components and aluminium wheels. Scope …

Key HMRC Updates: Changes to Third Country Duty and Anti-Dumping Duty on Chinese Ceramic Tableware as of May 2024 Read More »

AI Summary ✨ New National Document Code 9083: Introduced for imports of triggered-to-ripen fresh bananas, exempting them from needing a Certificate of Conformity. Detailed Commodity Codes: Updates include specific codes like 0803901100 for “Plátano de canarias” and several others under frozen and other classifications. Footnote PR005 Revision: Adjustments have been made following dataset corrections by …

Latest HMRC Tariff Update: New HMI Conformity Certificate Measures and Commodity Code Changes as of April 2024 Read More »

AI Summary ✨ Alignment with the EU: HMRC’s update on commodity codes includes ending several codes and creating new ones to maintain dynamic alignment with the European Union’s regulations. New Commodity Codes: Effective from April 21, 2024, new codes such as 3827680050 and 3827680060 have been introduced for specific classifications of hydrofluorocarbons. Absorption of Old …

Comprehensive Guide to HMRC’s Latest Commodity Code and SPV Updates – April 26, 2024 Read More »

AI Summary ✨ 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). Updated Duty Rates: Changes have been applied to specific commodity codes under DCTS Standard and Enhanced Preferences, effective from 26/04/2024. Commodity Codes Affected: Updates include various …

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

AI Summary ✨ Update to Waste Control Document Code C672 Description: The description for the waste control document code C672 has been updated. The new definition specifies that it’s an information document for the export of non-hazardous waste or imports of non-hazardous waste, aligned with Article 18 and Annex VII of Regulation (EC) No 1013/2006, …

April 2024 HMRC Tariff Updates: New Guidelines for Non-Hazardous Waste Control and Tariff Suspensions Read More »

AI Summary ✨ Implementation Issues Noted: HMRC has identified issues with the recent changes to Tariff suspensions that came into effect on 11 April 2024. Collaboration for Resolution: HMRC and the Department for Business and Trade (DBT) are actively working together to resolve these issues promptly. Implications for Importers: Importers affected by these tariff changes …

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

AI Summary ✨ Introduction of New Commodity Codes: Effective 1 May 2024, HMRC has introduced new commodity codes, specifically 0409000010 and 0409000090, to ensure that the UK’s tariff system remains dynamically aligned with the European Union. Purpose of the Update: This modification in commodity code structure is aimed at facilitating smoother trade and regulatory processes …

Latest HMRC Commodity Code Update – Maintaining Alignment with the EU as of May 2024 Read More »

AI Summary ✨ Business Suspensions Update: HMRC has announced updates to the UK Business Suspensions effective from 11 April 2024. This includes important changes that may affect businesses and their operations. More information can be accessed through the dedicated link provided by HMRC. Simplified Procedure Value (SPV) Update: The SPV has been revised for a …

Key Updates on HMRC Tariffs: Business Suspensions and Simplified Procedure Value Changes – April 2024 Read More »