AI Summary ✨ Zimbabwe Currency Code Update: From 1st June 2024, the currency code for Zimbabwe will change from ZWL to ZIG. CDS will not support this change until July 2024, requiring manual conversion to GBP for declarations. Phytosanitary Group Update: Adjustments in geographical area group memberships for the 4020 – Phytosanitary Group 00 have …
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 …
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 …
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, …
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 …
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 …
