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
GMCCTradeteam
Jun 24, 20242 min read
EU introduces further sanctions for Russia for its continued illegal war against Ukraine
EU introduces further sanctions for Russia
31 views0 comments

GMCCTradeteam
Jun 24, 20243 min read
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...
42 views0 comments

GMCCTradeteam
Mar 28, 20245 min read
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.     ...
135 views0 comments

GMCCTradeteam
Mar 25, 20241 min read
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...
35 views0 comments

GMCCTradeteam
Mar 18, 20242 min read
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...
73 views0 comments

GMCCTradeteam
Mar 17, 20241 min read
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),...
21 views0 comments

GMCCTradeteam
Mar 17, 20242 min read
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...
37 views0 comments

GMCCTradeteam
Mar 5, 20243 min read
EU issues Updated Guidance on CBAM (Carbon Border Adjustment Mechanism)
New EU CBAM regulation to affect UK exporters. Learn more.
23 views0 comments

GMCCTradeteam
Mar 5, 20243 min read
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
835 views0 comments

GMCCTradeteam
Mar 5, 20242 min read
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...
19 views0 comments

GMCCTradeteam
Mar 4, 20244 min read
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,...
48 views0 comments

GMCCTradeteam
Mar 1, 20243 min read
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...
18 views0 comments

GMCCTradeteam
Feb 20, 20242 min read
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...
97 views0 comments

GMCCTradeteam
Feb 6, 20243 min read
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...
49 views0 comments

GMCCTradeteam
Feb 6, 20241 min read
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...
17 views0 comments

GMCCTradeteam
Jan 23, 20242 min read
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...
27 views0 comments

GMCCTradeteam
Jan 23, 20241 min read
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...
14 views0 comments

GMCCTradeteam
Jan 9, 20242 min read
Customs Updates for Traders & Customs Agents – January 2024
New MOITS Dossier for immediate Use: MOTIS have requested that all agents use their new dossier template with immediate effect. To ensure...
37 views0 comments
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GMCCTradeteam
Jan 9, 20241 min read
Relief for electric vehicle and battery makers in the UK after EU proposes one-off extension on current rules of origin
It was announced on the 21st December that the EU-UK Partnership Council had adopted a decision to extend the current rules of origin for...
13 views0 comments

GMCCTradeteam
Dec 4, 20233 min read
HMRC informs traders about upcoming changes on UK Border Control
HMRC has recently sent a communication to all traders about imminent changes coming up in the new year as set out on the Border Target...
46 views0 comments
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