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Can My Imported Goods Preserve Their Preferential Status When Stored in a Customs Warehouse? If so, What Do I Need to Do?
Can imported goods preserve their preferential status when stored in a Customs Warehouse?

GMCCTradeteam
Jul 9, 20242 min read
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Is Exporting Paperwork Causing Delays and Eating Into Your Profits?
Exporting can be daunting if you do not know what you are doing. Errors in documentation can cause delays and eat into your profits...

GMCCTradeteam
Jul 9, 20243 min read
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Selling and/or Transporting Hazardous Goods? Check Some Quick Facts Traders Need to Know
Transportation of dangerous goods involves the safe and secure movement of hazardous materials that pose risks to health, safety,...

GMCCTradeteam
Jun 24, 20242 min read
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EU introduces further sanctions for Russia for its continued illegal war against Ukraine
EU introduces further sanctions for Russia

GMCCTradeteam
Jun 24, 20242 min read
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FAQ of the Week: Claiming preference on imports: is the Importer’s Knowledge always an option?
Q: We are a UK business importing goods from around the world. Most of the time, we can claim preference by the statement of origin on...

GMCCTradeteam
Jun 24, 20243 min read
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Import Controls coming from 30th April 2024
In addition to complying with the current controls that came into effect on January 31, from 30 April 2024 traders must: 1.     ...

GMCCTradeteam
Mar 28, 20245 min read
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HMRC announced important updates on EORI and VAT registrations
Please see below the verbatim message received from HMRC and taken from BIFA website: If a business deregisters for VAT, any Economic...

GMCCTradeteam
Mar 25, 20241 min read
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FAQ: Using Importer's Knowledge to access preferential duty rates
When it comes to proving the origin of goods, traders have different alternatives in terms of evidence they can provide to gain...

GMCCTradeteam
Mar 18, 20242 min read
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HMRC announces new deadline for export declarations move to CDS
HMRC has written to traders confirming that since 4th March, export declarations can be moved to the Customs Declaration Service (CDS),...

GMCCTradeteam
Mar 17, 20241 min read
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Update on Export Controls NTE 2024/04 - What Traders need to be aware of
On 12th March 2024, the UK Government released the latest amendments to the Export Control Regulations. These new regulations make...

GMCCTradeteam
Mar 17, 20242 min read
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EU issues Updated Guidance on CBAM (Carbon Border Adjustment Mechanism)
New EU CBAM regulation to affect UK exporters. Learn more.

GMCCTradeteam
Mar 5, 20243 min read
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FAQ – IMPORTS: WHAT IS A DEFERMENT ACCOUNT AND HOW TO USE IT?
Learn what is a duty deferment account and how your business can benefit when importing on regular basis

GMCCTradeteam
Mar 5, 20243 min read
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UK Exporters impacted by Red Sea Disruption
A recent British Chamber of Commerce survey found that: More than half (55%) of UK exporters say they have been impacted by disruption to...

GMCCTradeteam
Mar 5, 20242 min read
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CUSTOMS UPDATES 2024 SO FAR!
In case you missed some key customs updates in the last couple of months which will be impacting traders and customs intermediaries,...

GMCCTradeteam
Mar 4, 20244 min read
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Important update about using UK Internal Market Scheme Authorization
The Trade Support Support Service (TSS) has informed traders about important changes coming from hte 24th M4rch 2024 as the transition...

GMCCTradeteam
Mar 1, 20243 min read
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What are commodity codes and how do I find mine?
A tariff code, also referred to as commodity codes, is a product-specific code which allows countries to classify traded goods on a...

GMCCTradeteam
Feb 20, 20242 min read
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New Import Controls From the 31st January 2024
HM Revenue & Customs announced that from the 31st January there will be substantial changes impacting UK importers. 1 Withdrawal of 999L...

GMCCTradeteam
Feb 6, 20243 min read
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Introduction of Stricter Legislation Around Product Safety in Europe
A new Product Liability Directive was introduced after a discussion between the European Parliament and the Union’s Member States. The...

GMCCTradeteam
Feb 6, 20241 min read
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UK to Introduce its own CBAM in 2027
The implementation of the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM) on the 17th of May 2023 has brought about a...

GMCCTradeteam
Jan 23, 20242 min read
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UK Imposes Further Sanctions for Imports Originating From Russia
On 14 December 2023, the Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2023 amended the Russia Sanctions Regulations. This...

GMCCTradeteam
Jan 23, 20241 min read
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