Regulation 1135/2011 of 10/11/11 initiates an investigation on circumvention of ADD on Chinese originating open mesh fabrics of glass fibres consigned from Malaysia, making such imports subject to registration
Regulation 1138/2011 of 11/11 imposes definitive ADD of up to 87% on certain fatty acids from India, Indonesia and Malaysia
Anti Dumping Duty Updates October 2011
Metal Castings from China- 871/2011 terminating Expiry Review Ceramic Tiles from China- 917/2011 imposing 69.7% definitive ADD and collecting provisional ADD
PET (Polyethylene terephthalate) from India- 905/2011 terminating partial review of ADD
High Tenacity Yarn from China, Korea and Taiwan- 907/2011 amending existing provisions
Hand Pallet trucks and essential parts from China and Thailand- Regulation 1008/2011 imposes definitive ADD on these items at 46.7%
Oxalic acid from India and China- Regulation 1043/2011 of 19.10.11 imposes ADD of 52.2% (primarily used in metal processing)
Update on EU- South Korea Free Trade Agreement
HMRC has published an information paper (CIP (11)62) providing further information on the application of the free trade agreement between the EU and South Korea. The key points cover:
• A link to "A guide to the new Reciprocal Preferential Trade Agreement with South Korea" • Consignments for which no formal proof of origin is required • Low value origin declarations • The format for approved exporter numbers issued in South Korea
There are a number of key conditions that must be met in order for goods to benefit under a Free Trade Agreement. If you would like more information on how to meet these conditions and protect yourself from retrospective challenges by the customs authorities please contact us.
Update to Preferential Trade on Imports from Balkans
The EU has entered in to a number of free trade agreements with countries around the Balkans. Qualifying imports benefit from reduced or 0% customs duties. CIP Paper (11)66 provides an update of the matrix of trade agreements with Albania, Bosnia & Herzegovina, Croatia, Macedonia, Montenegro, Serbia and Turkey and shows which countries can work together to meet the origin rules.
If you require any further information on these agreements or how to determine whether your products benefit for preferential treatment then please contact us.
Prohibition of Imports of Fenugreek Seeds, Other Seeds and Beans from Egypt
Due to two recent outbreaks of e-coli in Germany & France, emergency measures have now been published by the EU Commission prohibiting the import of fenugreek seeds, other seeds and beans from Egypt. Further information can be found in CIP (11)63 (which links to the relevant regulations and EU Commission decision). The import of these products is prohibited until 31 October 2011.
"Rob has provided customs advice on many occasions, always demonstrating deep knowledge of his subject to help the business mitigate its duty liabilities."
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Stuart Reid, Financial Director Komatsu UK
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"ITSs broad knowledge of Customs has proved invaluable"
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D. Widdowson, Director of Financial Accounting Croda Chemicals Europe Ltd
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"ITSs experience and knowledge has ensured projects were completed with a favorable result."
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K R Maddison, Financial Controller Bard Limited
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"ITS have highlighted significant cost saving opportunities."
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CW Winter, Financial Controller Special Metals Wiggin Ltd.
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"I have worked with Rob on complicated HMRC issues. As well as direct assistance, Rob has provided excellent training for operational staff. I recommend ITS."
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G. Mitchell, Senior Operations Manager EPSON
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"Rob explains clearly, and gets on with people. He is very constructive and pragmatic. His loyalty to the reds is admirable, if misguided. One of my favourite Scousers!"
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Nick Mallett, Partner DHM Stallard
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"ITS helped us to reach a successful conclusion when HM Customs tried to reject our proposed changes by using technicalities."
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D. Suddens, Finance Manager Blanc Aero Industries UK Ltd
