PLM: Customs and Global Trade Law Updates for Week 48/2021
We monitor EU and UK legislation, so our client’s don’t have to. Find out what changed with our PLM - Professional Legislative Monitoring. Period covered: 22 November - 28 November 2021.
Content
Promotion
Learn how to lodge declarations with the Customs Declaration Service: Training in two parts - Register here
Our Training this week:
Tuesday: AEO Certified! Training Course
Thurday: Getting the Proof of Origin Right!
EU Legislation we looked at this week
26/11/2021 L421 L422 L423 L424 L425 C476 C477 C478 C479
24/11/2021 L418 L419 C473 C474
23/11/2021 L416 L417 C472 C472A
We also looked through the press releases of the EU Commission, scanned DG TAXUD and DG Trade website for you.
Here is what Customs and Global Trade Professional should take note of:
EU Combined Nomenclature 2022: Correlation table and amendment available
We reported that the EU CN 2022 has been published towards the end of October. There was an amendment on 19 November. Also, the 2021/2022 correlation table is available in our expert blog entry.
https://www.customsmanager.org/post/eu-customs-tariff-2022-how-does-it-work-and-what-changes
Rules of Origin under the EU-UK TCA: In 2022, Supplier’s Dec’s become mandatory
(FREE) In 2022, supplier declarations to support proof of origin become mandatory in the EU and the UK. Are you ready?
-> Alternative rules of origin
The PEM transitional rules of origin are applicable between the EU and the Republic of Moldova as of 16 November 2021.
Businesses gain much-needed flexibility to bring in more products duty-free, but confusion on what rules actually apply run supreme argues Arne Mielken of Customs Manager Ltd.
https://www.customsmanager.org/post/eu-pem-new-alternative-rules-of-origin-from-september-21
-> Euro-PEM Preferential Rules of Origin: What is the EU's cumulation matrix? How to read it? Cumulation makes it much easier for business to get their goods to "originate" unlocking costs savings. For the Euro-Med region, a special matrix specifies options
https://www.customsmanager.org/post/eu-med-pem-convention-cumulation_matrix
EU wins WTO case over US duties on Spanish olives
A World Trade Organization (WTO) panel report ruled that US countervailing duties applied on imports of ripe olives from Spain, put in place during the previous administration in 2018, are illegal under WTO rules. The EU now expects that the US will take steps to bring itself in compliance with the panel’s recommendations.
https://trade.ec.europa.eu/doclib/press/index.cfm?id=2325
Trade and security: Defending the EU interests and values
The EU Commission screened 400 foreign investments since the new Foreign Direct Investment (FDI) screening legislation entered into force. While only in place since a year, there has been an impressive take-up of this mechanism, meaning that EU interests will be better protected going forward. At the same time, over 30,000 requests for the export of goods with potential military use were reviewed by Member States under the EU Export Control regime, with 603 of these exports blocked. These are some of the highlights announced at the occasion of publication of the first reports on FDI screening and on export controls.
https://trade.ec.europa.eu/doclib/press/index.cfm?id=2327
EU Commission imposes definitive duties in three anti-dumping cases to defend EU producers and protect jobs
The Commission imposed definitive anti-dumping duties in three different cases this week, covering 912 million euros in unfairly priced imports and helping to protect 19,000 thousand European jobs. Anti-dumping measures are an important tool in enforcing the EU’s rights and defending EU producers and workers from unfair trade.
https://trade.ec.europa.eu/doclib/press/index.cfm?id=2322
EU takes next step in WTO dispute with Russia on discriminatory procurement by Russian state-owned enterprises
The EU is requesting the WTO to establish a panel in the on-going dispute settlement case (DS604) on Russia’s state-owned enterprise procurement practices for commercial purposes by state related entities that favour domestic goods and services to the detriment of EU companies.
https://trade.ec.europa.eu/doclib/press/index.cfm?id=2321
UK Legislation & Guidance we looked at this week
Updates on legislation.gov and import, export, customs and export control guidance updates published on gov.uk. We looked through the websites of HMRC, DIT, BEIS, Cabinet Office, House of Parliament (Commons and Lords).
UK Integrated Tariff: Getting your business ready for tariff changes on 1 January 2022
(S,P) The 2021-2022 UK Trade Tariff Correlation table has been published. Businesses must assess the impact on their imports and exports. Download the correlation tables here.
https://www.customsmanager.org/post/uk-trade-tariff-2022
Rules of Origin under the EU-UK TCA: In 2022, Supplier’s Dec’s become mandatory
(FREE) In 2022, supplier declarations to support proof of origin become mandatory in the EU and the UK. Are you ready?
GVMS in 2022: What is it, and how does it work?
(S,P) The UK's pre-lodgement customs declarations system allows businesses to get prior approval to move goods into and out of the country. Find out how it works.
Join our on demand training on GVMS to understand how it works.
https://www.customsmanager.org/challenge-page/gvms
CYBER MONDAY RETAIL SPECIAL
7 Top tips for online shoppers to be aware of post-Brexit changes to avoid charges
(FREE) Top tips for shoppers to make sure they aren't hit with unexpected customs charges.
Online Retail: Watch out for tax and customs for goods you ordered from abroad (FREE) Buying goods from abroad requires an understanding of how taxes and duties are charged and have to be paid
About This Professional Legislative Monitoring, referred to as PLM.
Part of our suite of solutions to empower customs managers, PLM allows global trade professionals to save time and free up skilled staff to carry out more strategic tasks. Subscribers to PLM receive a professionally curated compilation of legislative changes that occurred in the prior week, created by experienced trade specialists and quality assessed before release.
Readers can rest assured that they have not missed any updates. Subscribers can save time by forgiving to scan through floods of marketing emails and blog entries and instead focus on operational performance and long-term profitability.
Where to find even more help and support
For online support, join our educational live webinars, subscribe to insightful short Twitter updates and informative YouTube videos, and stop by at our expert blog page, updated weekly: https://www.customsmanager.org/customs-global-trade-blog
Join us on Linked In, too: www.linkedin.com/company/customs-manager-ltd
We also offer a resources hub that covers a lot of topics, videocasts and step by steps guidance: https://www.customsmanager.org/ -> Resources
There are regular customs and global trade update sessions to discuss what is coming up: https://www.customsmanager.org/customs-and-global-trade-update
Join our wide range of LIVE or online training courses on the customs and global trade topics that matter to you
Subscribe to our free newsletter to never miss an important update on our social media channels and expert blogs and get a round-up on all the important changes, law updates and guidance modifications for the EU and the UK).
You can also call our helpline on 079146450183. The first call is free, after this, we charge a moderate fee to get instant expert support. You can access it at https://www.customsmanager.org/expert-helpline-blog-training-exclusive-briefings
If you know of a business who would also find e-mails or customs and global trade blog entries helpful, please forward it on, or suggest they register to receive them directly to their inbox register to get these updates directly to their inbox.
About Customs Manager Ltd.
Working with us means having a Customs Advisor, Global Trade Expert and Export Controls Consultant, on speed-dial. If you are looking for a customs consultant UK and EU, let us help you trade effectively, efficiently and, of course, compliantly, wherever you want to go in the world.
Need to stay up-to-date with changing customs and global trade rules? We monitor legislation so our clients don't have to. Learn about all changes in our fresh expert blog, join exclusive briefings and ask any questions 24/7 through to the VIP hotline. Or sign up to our no-charge, insightful newsletter.
Entrust us with your training needs and help us to upskill you and your teams in English, German, French and Spanish. We offer public and private live, in-house and on-demand (study from anywhere and anytime) courses.
To complete our support for globally trading businesses, we are also a UK Customs Broker. We act as a customs clearance agent on behalf of many EU and UK businesses, assisting with customs documentation and all other formalities to ensure the customs clearance of our goods. Whether you’re seeking a long-term partner to look after your customs clearance or require support for a one-off shipment, please don’t hesitate to get in touch to discuss your requirements.
Important Notice
Customs Manager Ltd. owns the copyright in this information, unless other sources are identified.
You are not allowed to use this information in any way that infringes the intellectual property rights in it. You may have to hold a valid licence to use this information. A licence can be obtained by becoming a Premium subscriber to the Customs Managers’ Trade Intelligence service. As a Premium subscriber, you may download and print this information which you may then use, copy or reproduce for your own internal non-profit-making purposes.
However, under no circumstances are you permitted to use, copy or reproduce this information to profit or gain.
In addition, you must not sell or distribute this information to third parties who are not members of your organization, whether for monetary payment or otherwise.
This information is intended to serve as general guidance only and does not constitute legal advice. We cannot guarantee the quality, content, or accuracy of the information provided on this page as laws and information change regularly. Moreover, the application and impact of laws can vary widely based on the specific facts involved. This information should not be used as a substitute for consultation with professional legal or other competent advisers. Before making any decision or taking any action, you should consult a Customs Manager Ltd. professional.
In no circumstances will Customs Manager Ltd, be liable for any decision made or action was taken in reliance on the information contained within this document or for any consequential, special or similar damages, even if advised of the possibility of such damages.