HMRC has released statutory guidance detailing the tariff suspensions that became effective following the end of the Brexit transition period. The guidance covers the reference documents businesses need to understand which import duties are suspended under The Customs Tariff (Suspension of Import Duty Rates) (EU Exit) Regulations 2020. This resource clarifies the tariff treatment for goods eligible for temporary duty relief during the period following 1 January 2021. Importers and customs agents should consult these reference documents to ensure correct classification and duty calculation for suspended tariff lines.
Source: HMRC (GOV.UK) – Read the original