Standard import value for determining the entry price of certain fruit and vegetables
The European Commission has introduced Regulations 704/2009 and 716/2009 establishing the standard import price for certain fruit and vegetables. The table below concerns 704/2009 and is taken from the Annex of the Regulation and contains details of the new provisions.
The European Commission recently published Commission Regulation (EC) No 518/2009 amending Regulation 503/2009 fixing the import duties in the cereals sector. The Regulation came into force on 16 June 2009.
Commission Regulation (EC) No 522/2009 established the standard import values for determining the entry price of certain fruit and vegetables. The Regulation came into force on 19 June 2009 and the table below shows the affected products:
Is Your Intellectual Capital Subject to Customs Duty
As a result of a comprehensive review and clarification of the interpretation of when royalties and licence fees become subject to customs duty, HM Customs and Revenue are now focussing in on this area and importers are likely to see significant additional import and retrospective customs duty demands.
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