HMRC has released statutory guidance serving as the reference document for the UK’s most favoured nation tariff rates under The Customs Tariff (Establishment) (EU Exit) Regulations 2020. The guidance details the tariff rates applicable to goods imported into the UK following its exit from the EU. This reference document enables customs professionals and traders to determine the correct tariff classification and duty rates for imported goods under the UK’s independent tariff schedule.
Source: HMRC (GOV.UK) – Read the original