Category

Customs/Imports

Category

Turkish Ministry of Trade amended Customs Regulation On 30 December 2021, certain amendments to the Turkish Customs Regulation became effective. The amendments cover (i) laboratory analysis of goods prior to customs procedures, (ii) receipt of returned goods previously exported and (iii) the temporary importation of commercial air vehicle engines. The Regulation containing the amendments is available here (in Turkish). Pursuant to the amendments, it will now be possible to created temporary storage entry records for goods arriving…

Baker McKenzie’s Insight+ Blog published published “Venezuela: Exemptions from the payment of the Value Added Tax, Custom Duties and Customs Service Fee for several categories of goods and economic sectors extended” which can be viewed here

Recently, the European Commission launched a survey on the overhaul of EU rules governing e-commerce transactions from third countries from a customs and taxation perspective. The survey address issues related to both customs, VAT and excise duties. The survey states that whilst digitalisation of the economy and the increasing role of e-commerce offers a great potential for consumers and traders, it also present challenges. In addition, COVID-19 has increased the level of e-commerce import volumes…

The UK’s Plastic Packaging Tax (“PPT”) is due to take effect from 1 April 2022 and will be payable by manufacturers and importers of plastic packaging containing less than 30% recycled plastic content at a rate of £200 per metric tonne where certain thresholds are met. See our previous client alert on this topic here. According to the HM Revenue & Customs policy paper, the objective of the PPT is to “provide a clear economic…

HMRC has published a guidance note (available here) to remind traders that a number of customs changes will enter into force on 1 January 2022 in relation to the movement of goods between Great Britain and the EU. In particular, the guidance note flags the following changes that traders should be aware of: Customs Declarations For traders importing non-controlled goods which are entering Great Britain from Irish ports, there are no changes at the moment…

REGISTER | CONTACT US | WEBSITE The webinar will begin at 08:00 am Chicago / 2:00 pm UK / 3:00 pm Madrid / 10:00 pm Hong Kong and is scheduled to run for up to 90 minutes. If you reside in a different time zone and wish to verify your time – please see timeanddate.com for the time in your location.We will use Zoom as the presenting platform for this webinar. To register, click on the Register button above and complete the form with your…