HMRC has produced a new customs notice (PN 760) on CFSP. The new notice incorporates updates previously set out in various Customs Information Papers (CIP).
HMRC’s customs notices do not have legal effect and are HMRC’s interpretation of customs law. They are a useful source of information but should be relied on with caution. Our practice is to refer back to underlying customs law and reach specific agreements with HMRC on any area of uncertainty.