An EU Commission report presents the results of studies on the impact of the US 100% scanning law and advocates an EU alternative approach.
Three complementary studies conducted by the Commission confirm that the US requirement for 100% scanning of US-bound maritime containers at foreign ports will be costly and severely disrupt transport and trade, without proven security benefits. The EU advocates an alternative approach based on multilayered risk management. For more information see the report , and the three studies carried out for the Commission.
Information for all UK Customers and Agencies Involved in the Movement of Goods Within the European Union
16 Mar 2010
The Intrastat Thresholds for 2010 are:
Arrivals = £600,000
Dispatches = £250,000
Delivery Term Threshold = £16,000,000
Intrastat General Guide - Urgent Notice:
As from this year 2010 The Intrastat General Guide Notice 60 will only be available electronically online. The paper version has been discontinued.
We acknowledge that this may be a disappointment to any customers who prefer a paper copy, but with demand decreasing significantly it would no longer be cost effective to set up a printing and distribution operation. The online version (see below) however, is easily accessible and can be updated as soon as changes are known. This approach will also help fulfil UK Government commitments to exploit electronic options whilst having a positive effect on the environment.
There is a fully searchable and printable Notice 60 on the uktradeinfo.com site, or is also available on the HMRC website.
Key progress in Free Trade Negotiations Mark EU Trade Commissioner’s First Visit to Asia
16 Mar 2010
EU Trade Commissioner, Karel De Gucht, has wrapped-up his first official visit to Asia with notable advances in bilateral trade deals in the region. The trip to Vietnam, Singapore and India (1st – 4th March 2010) has underlined Commissioner De Gucht’s commitment to pursue new export opportunities in the dynamic emerging Asian markets as Europe seeks to boost growth through increased trade. For more information, click here.
Completion of Box 46 (Stat Value) at Export
16 Mar 2010
HMR&C has stated that in the UK box 46 has to be completed at export with the statistical value in pounds sterling. It has nothing to do with the invoice currency code which has to be input at box 22 where the converted value exceeds a hundred thousand pounds and which is covered by Customs Information Paper number (10)10.
