Goods – Customs & Trade – Page 4

Importing in the EU

Overview Customs Duties are taxes on the import of goods. They are one of the oldest forms of taxation. Prior to joining the European Union, Ireland and the UK each had their own separate customs duties which applied ...

Duty Suspensions and Reliefs

in Customs - An Overview

Overview There are a number of customs procedures to delay and suspend payment of duty which may be beneficial to traders. Generally, goods are not released into free circulation by customs until import duty and ...

Future Partnership Proposal (Oct 2017)

in UK Customs Code (Post Brexit)

Future Partnership Paper and Proposed Transition The UK Government has set out in its Future Partnership paper, the proposed implementation period allowing businesses and people to adjust to the new customs ...

Favourable Customs Procedures

in Customs - An Overview

Duty Suspense and Relief There is a range of facilities provided by customs to enable duties and taxes on goods to be relieved or suspended for certain periods. This would apply, for example, to goods being imported ...

Transit Procedures

in Customs - An Overview

Overview Custom transit procedures facilitate movement of both EU and non-EU goods between EU and EFTA States by removing border formalities and the requirement to pay tax at every frontier. There are two similar ...

UK Proposals on Customs (August 2017)

in The Withdrawal Process, UK Customs Code (Post Brexit)

A highly streamlined customs arrangement The UK proposes two broad approaches to its future customs relationship with the EU in its August 2017 paper on future customs arrangements. They were Highly streamlined ...

Authorised Economic Operators

in Customs - An Overview

Authorised Economic Operators The (EU) Community Customs Code provides for Authorised Economic Operators. They are traders who are deemed low risk and compliant with customs obligations. As AEOs they may qualify for ...

Anti-Dumping measures

in Customs - An Overview

Definitions An EU Regulations sets out the procedure for the imposition of anti-dumping measures in the European Union. Material injury: substantial injury to EU industry, e.g. loss of market share, reduced price ...

Anti-Subsidy Measures

in Customs - An Overview

A Regulation sets out the European Union (EU) rules on the protection against subsidised imports from non-EU countries and the conditions for the application of countervailing measures. A subsidy is a financial ...

Transit

in Customs - An Overview

Transit Procedures Transit procedures facilitate the free movement of goods through the EU and third countries, by temporarily suspending duties and charges until they reach their final destination. There are three ...

EU Surveillance

in Customs - An Overview, Licences & Controls

Overview EU Regulations sets out common rules for the application of safeguard measures to imports from certain non-EU countries that may cause serious injury or the threat of serious injury to EU producers, and for ...

EU Withdrawal Note Preferential Origin Rules

in EU Preparedness Notes, Rules of Origin

Brussels, 4 June 2018 NOTICE TO STAKEHOLDERS WITHDRAWAL OF THE UNITED KINGDOM AND EU RULES IN THE FIELD OF CUSTOMS AND EXTERNAL TRADE PREFERENTIAL ORIGIN OF GOODS The United Kingdom submitted on 29 March 2017 the ...

EU Withdrawal Note Customs & Indirect Tax

in Customs - An Overview, EU Preparedness Notes

NOTICE TO STAKEHOLDERS WITHDRAWAL OF THE UNITED KINGDOM AND EU RULES IN THE FIELD OF CUSTOMS AND INDIRECT TAXATION The United Kingdom submitted on 29 March 2017 the notification of its intention to withdraw from the ...

Entry Processing (Imports) Post-Brexit

in Customs Forms

Important Notice- See the Disclaimer and our Term of Use above Brexit Legal, McMahon Legal and Paul McMahon have no liability arising from reliance on anything contained in this article nor on this ...