Update on Countries Qualifying for GSP Preference

Update on Countries Qualifying for GSP Preference

23 January 2015

From 1 January 2015 the Philippines joins the list of GSP Plus countries benefitting from enhanced customs duty reductions.

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Review of Duty Relief Schemes

Review of Duty Relief Schemes

20 January 2015

The Union Customs Code (UCC) will merge and change the conditions of current customs duty relief schemes and terminate the availability of Inward Processing Relief Drawback option.

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Harmonisation of Customs Penalties

Harmonisation of Customs Penalties

20 January 2015

The EU Commission proposed to implement a common approach to customs penalties for violations of customs law across all EU Member States.

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New and Expanded Information Technology Agreement

New and Expanded Information Technology Agreement

20 January 2015

The ITA is a WTO initiative that was originally came in to force in 1997 reducing the duty rate on over many ICT products and components to 0%

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AEO: The Big Rush

AEO: The Big Rush

20 January 2015

Many of the key benefits of the new Customs Code will only be available to AEO businesses or on demonstrating AEO type conditions.

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