New rules of origin for goods moving between the UK and EU

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BHETA
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New rules of origin for goods moving between the UK and EU

Many BHETA members who “manufacturer” do so overseas, mainly in the Far East. Please note that finished goods imported into the UK from third countries and then repacked into orders destined for customers in the EU will not be able to claim the tariff free status of goods made in the UK, unless they keep the goods under bond, therefore they could face paying duty twice.The government document (linked below) provides detailed guidance on the rules of origin requirements under the UK’s deal with the EU (the Trade and Cooperation Agreement).It explains the most important provisions which businesses need to understand and comply with, in order to ensure that they pay zero tariffs when trading with the EU. This applies to both businesses that wish to export goods to the EU at zero tariffs, as well as businesses who wish to import goods from EU at zero tariffs.CLICK FOR government NEW RULES OF ORIGIN website

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