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.
"I have worked with Rob on sticky HMRC issues. As wellas direct assistance, Rob has provided excellenttraining for operational staff. I recommend ITS."
G. Mitchell, Senior Operations Manager EPSON
"ITS have highlighted significant cost savingopportunities."
CW Winter, Financial Controller Special Metals Wiggin Ltd.
"Rob explains clearly, and gets on with people. He isvery constructive and pragmatic. His loyalty to thereds is admirable, if misguided. One of my favouriteScousers!"
Nick Mallett, Partner DHM Stallard
"ITS helped us to reach a successful conclusion when HMCustoms tried to reject our proposed changes by usingtechnicalities."
D. Suddens, Finance Manager Blanc Aero Industries UK Ltd
"ITSs broad knowledge of Customs has proved invaluable"
D. Widdowson, Director of Financial Accounting Croda Chemicals Europe Ltd
"ITSs experience and knowledge has ensured projectswere completed with a favorable result."
K R Maddison, Financial Controller Bard Limited
"Rob has provided customs advice on many occasions,always demonstrating deep knowledge of his subject tohelp the business mitigate its duty liabilities."
