HMRC has published force of law notices and a reference document relating to the Carbon Border Adjustment Mechanism, which imposes a carbon price on imports of certain goods into the UK. The notices and supporting documentation provide guidance on how the mechanism operates and its legal status. This relates to the regulatory framework that applies to imported cement, iron and steel, aluminium, fertilisers, and electrical equipment subject to carbon pricing requirements.
Source: HMRC (GOV.UK) – Read the original