Tariff Classification Decisions

A net of lights to go over a Christmas tree has had a tariff classification review. Under new instructions the items are to coded as Christmas decorations under 9405 30 00...

Read more about Tariff Classification Decisions

Customs Duty Guarantees

The rules and regulations for international trade procedures in the European Union, as you are aware, are being re-written (full implementation 2013). One of the things within the Modernised Customs Code (MCC) is the introduction of guarantees...

Read more about Customs Duty Guarantees

The Prevention of Money Laundering and Terrorist Financing

This publication has been written to be universally applicable and presents a composite picture of standards for anti-money laundering and anti-terrorist finance regimes around the world. Designed to help readers understand the basic problems...

Read more about The Prevention of Money Laundering and Terrorist Financing

USA Security Scanning of Shipping Containers

There is news that the USA is to postpone its plans to introduce compulsory scanning of all US-bound shipping containers before they leave foreign ports. As originally drafted, the legislation would have required all containers bound for the USA...

Read more about USA Security Scanning of Shipping Containers

New HMRC Penalties for VAT and Excise

HMRC are introducing new penalties to help prevent abuse in the VAT and Excise tax systems. From 1 April 2010 HMRC will apply new wrongdoing penalties where a person...

Read more about New HMRC Penalties for VAT and Excise

Revising Incoterms 2010

As you will be aware the ICC is currently in the process of revising "Incoterms 2000". Under the current schedule, the Incoterms Drafting Group have been meeting since end of 2009 to discuss the proposed changes to Incoterms and it is...

Read more about Revising Incoterms 2010