In response to the alarming global rise in the cost of cereals and the export restrictions imposed in Russia and Ukraine on wheat, the European Commission has published Regulation 177/2011 temporarily suspending import duties on cereals of CN Code 1001.90.99 of a quality other than ‘high quality' as defined in Commission Regulation 642/2010 and CN 1003.00.
The suspension of duties will be in force for the 2010/2011 marketing year.
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Stuart Reid, Financial Director Komatsu UK
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CW Winter, Financial Controller Special Metals Wiggin Ltd.
"ITS helped us to reach a successful conclusion when HMCustoms tried to reject our proposed changes by usingtechnicalities."
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