The Customs Tariff (Establishment) (EU Exit) (Amendment) Regulations, SI 2021/520 update the definition of ‘Tariff of the United Kingdom’ in the Customs Tariff (Establishment) (EU Exit) Regulations, 2020/1430, to refer to the UK tariff version 1.3, which was made available on 27 April 2021.
The revised tariff document reduces the most-favoured nation tariff rates previously applied to molasses resulting from the extraction or refining of sugar, thus correcting an error in the 2020 ‘establishment’ regulations. The revised tariff document also includes an additional commodity code with no impact on duty rates. The regulations come into force on 20 May 2021.
The Customs Tariff (Establishment) (EU Exit) (Amendment) Regulations, SI 2021/520 update the definition of ‘Tariff of the United Kingdom’ in the Customs Tariff (Establishment) (EU Exit) Regulations, 2020/1430, to refer to the UK tariff version 1.3, which was made available on 27 April 2021.
The revised tariff document reduces the most-favoured nation tariff rates previously applied to molasses resulting from the extraction or refining of sugar, thus correcting an error in the 2020 ‘establishment’ regulations. The revised tariff document also includes an additional commodity code with no impact on duty rates. The regulations come into force on 20 May 2021.
