That Was The News: April 2024

BY:

Niamh O'Connor
8 May 2024

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April marked a significant shift in international trade, and it's crucial for exporters and importers to be aware of the impact. The implementation of stage 1 of SPS checks at the UK border on April 30th, the 2nd CBAM reporting deadline for imports into the EU, and the impending migration of the CDS Exports deadline are all changes that could potentially affect your operations and supply chains. We have seen increased requests for assistance when applying for Customs Special Procedures. When implemented correctly, they can improve supply chain efficiency and reduce the amount of Customs duty you must pay. It's important to remember that you're not alone in navigating these changes. Get in touch with us to streamline your business processes and receive the support and guidance you need.

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NCTS Phase 5 Authorised Consignee Update
NCTS5: HMRC have advised of important changes to NCTS Simplified Procedures from 1st July 2024. Changes will affect Authorised Consignors and Authorised Consignees.

Moving Export Declarations to the Customs Declaration Service
Despite recent press coverage, DEFRA has officially confirmed that the changes will proceed as planned. Despite reports suggesting otherwise, health and safety checks for EU imports will commence on April 30th, 2024. Changes to import processes for some sanitary and phytosanitary goods from the EU from 30th April, 2024 

Prepare for Border Phytosanitary and Sanitary Goods Changes
The UK Regulations require that the Exporter named on the Customs Declaration is responsible for obtaining a license for Strategic Goods, which are to be sent to a destination outside the UK. 

The UK and U.S. Clamp Down Harder on Trade in Russian Metals
The UK and the U.S. have announced joint action to restrict prohibited Russian metal exports by extending the existing bans to the world’s two largest metal exchanges. 

CHIEF Badges: Removal of Permissions
HMRC wants to reiterate that CHIEF badge permissions will be removed from the system on June 4th, 2024. After this date, it will not be possible to submit new export declarations through the CHIEF system.

Don't let the Customs Declaration Service Invalidate your Export Declaration!
HMRC has written to all exporters, advising them of the importance of ensuring that CDS export declarations are not only arrived at export locations, but that they are also physically departed on the CDS.
 

UK Carbon Border Adjustment Mechanism (CBAM): A Step Towards Sustainable Trade
In an era of heightened environmental consciousness and ambitious climate goals, nations increasingly focus on implementing measures to curb carbon emissions. One such initiative gaining momentum is the Carbon Border Adjustment Mechanism (CBAM). Developed to align trade policies with climate objectives, CBAM is poised to reshape the landscape of international commerce, ensuring that imported goods meet stringent environmental standards. Now, the United Kingdom is gearing up to introduce its own iteration of CBAM, marking a significant stride towards a more sustainable future.


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