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Here, in the library, you’ll find public information, insights from experts, articles from our research team on Customs and global trade matters. Do not hesitate to comment, share and like the articles.

Brexit: What are the Key EU-UK Official Documents?

Brexit key EU-UK official documents are listed here for those who need easy access to the official sources. Brexit introduced customs requirements and compliance obligations to trade between the UK and the EU. These requirements are grounded in legislations listed hereafter. Quick Brexit Timeline Summaries of Legislation (EU) List of official EU-UK documents DocumentPublished inTrade…

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Proof of Export for VAT

Proof of Export for VAT is a challenging area for many exporters. HMRC new guidance is a welcome clarification for UK exporters in particular on the quality of the evidence required for zero rated export. Why is the Proof of Export for VAT important? Proofs of Export is part of the export customs compliance requirements.…

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EU Customs Penalties: What’s the risk?

IAre you importing into different EU countries? If you do your level of exposure to Customs risk varies greatly. In the EU, customs penalties do not form part of the Union legislation on customs. Although customs legislation is harmonised, penalties for non compliance are left to each Member State.

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A Quick Guide To Customs Valuation

Customs valuation is the process of determining the value of imported goods for the purpose of assessing customs duties and taxes. The value of the goods is used as the basis for calculating the amount of duty and tax that must be paid to the customs authorities. Customs valuation is an important part of international…

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