Exporting

Trump tariffs against UK and other nations are ruled unlawful by federal court and a abuse of powers. Are US Tariffs and the Economic Prosperity Deal now valid?

The US will eliminate the $800 de minimis requirement for commercial shipping on August 29, therefore imported goods valued under $800 will face tariffs and duties.

UK exporters are advised by HMRC to enrol in the Customs Declaration Service (CDS), which will be necessary for export declarations beginning on March 31, 2024.

A new phased approach for businesses moving export declarations to the Customs Declaration Service (CDS) has been announced by HM Revenue and Customs (HMRC) today.

The new DPU Incoterms rule was introduced within the Incoterms 2020 on 1 January 2020. DPU Incoterms replaces the previously named Delivered at Terminal (DAT) due to both buyers and sellers requiring delivery of goods somewhere other than a terminal, such as a Transport Hub inland from the port of arrival.

Under the terms DDP, the seller is responsible for door to door delivery, the payment of import duties and any applicable taxes. Under the eleven Incoterms® Rules, DDP terms impose the maximum level of obligation on the seller.

Identified a business strategy for entering and expanding into the new export markets. Highlighting the legal requirements, documentation requirements, product registration / conformity obligations and tax regulations. The strategy embraced alternative processes to complete customs declarations and pay taxes / duties without registering their company within the export countries.

ICS exists to provide international logistics and supply chain consultancy services to clients. An innovative and decisive business leader, I’m a great ‘international problem solver’. With an impressive track record of executing strategic objectives by leveraging international best practices and strong relationships, I’ve now turned to providing help and support to businesses that need it.