Grosvenor International Systems PLC - Latest news

Additional AEO Criteria in 2013

Grosvenor International Systems PLC — 2010-07-21T15:48:33+01:00

Attached to this News item are two new Customs Information Papers that detail changes to the AEO authorisation criteria.

The criteria relate to the professional qualifiactions of "customs" personel within an organisation applying for AEO status.

Please contact us if you have any questions.

First Sale For Export Valuation - An Update

Grosvenor International Systems PLC — 2010-07-20T07:12:14+01:00

The Modernised Customs Code Implementing Provisions will have the effect of outlawing the First Sale for Export Valuation provisions (First Sale allows for any sale in a series of sales - within certain conditions - to be the basis of the customs value on which duty is paid).

At the last EU Commission Valuation Committee at which these changes were discussed, the following points were made clear:

The UK once again argued against the change
Commission changes to the text make it absolutely clear that the last sale only can be used for valuation purposes
The only exception are goods within a Customs Warehouse where the last sale on entry into a warehouse must be used and sales within the warehouse are effectively ignored (This is clearly an opportunity of retaining some benefits of First Sale - we will maintain a watching brief on this issue)
The Commission beleives they have persuaded two trade bodies that the change will not be as bad as first envisaged.

EU Consultation-VAT Accounting Under Centralised Clearance

Grosvenor International Systems PLC — 2010-07-12T15:07:19+01:00

The EU Commission has today announced a consultation exercise in respect of VAT Accounting under Centralised Clearance.

Currently, importers using SASP (the current version of Centralised Clearance) can account for duty in the authorising Member State, but must account for import VAT in the country the goods are actually cleared into.

The consultation is looking at how business would want this process simplified.

The consultation can be found via this link: http://ec.europa.eu/taxation_customs/common/consultations/customs/customs_clearance_2010_en.htm

As the leading provider of SASP software in the UK, Grosvenor will be making reperesentation on this issue.

Certificate of Airworthiness Relief

Grosvenor International Systems PLC — 2010-07-09T10:19:21+01:00

The attached CIP details where information about the Certificate of Airworthiness duty relief can be found, now that the relevant public notice has been withdrawn.

The C of A relief forms part of the Ricardo Aerospace and Defence Module.

Sri Lanka GSP+ - Latest News from HMRC

Grosvenor International Systems PLC — 2010-07-06T16:01:22+01:00

The attached document from HMRC confirms that for Sri Lankan products to benefit from the GSP+ rate of duty, they must be declared to free circulation before Midnight on the 14th August 2010. After that time, only standard GSP rate duty will apply.

If you are holding product in Customs Warehouse, action clearly has to be taken.

Modernised Customs Code - Type D Warehousing

Grosvenor International Systems PLC — 2010-07-05T15:38:43+01:00

HMRC have issues a Customs Information Paper concerning the death of Type D Customs Warehousing in June of 2013. This long heralded change is being driven by the Modernised Customs Code Implementing Provisions.

Type D warehouses (or Type E using Type D provisions) effectively fix the Customs Value at the point of entry into the Customs Warehouse, as opposed to the standard process, which is at the point of removal from the warehouse.

25th Anniversary

Grosvenor International Systems PLC — 2010-07-02T10:34:04+01:00

We are happy to announce that Grosvenor International Systems Ltd is celebrating its 25th anniversary today, 2nd July 2010.

VAT Zero Rating - Aircraft

Grosvenor International Systems PLC — 2010-06-28T07:18:50+01:00

This years Budget announced a shift in the definition of Civil Aircraft (for the purposes of VAT Zero Rating) away from one based on weight, to one based on usage.

The Aerospace industry has lobied to have these changes amended.

HMRC have published a new Budget Notice and a Draft Public Notice to explain the new definition. Both of these documents are attached.

Sri Lanka and GSP+ - Current News from the Sri lankan Press

Grosvenor International Systems PLC — 2010-06-25T14:35:05+01:00

The following article was published yesterday in Sri Lanka:

"The Sri Lankan government on Thursday rejected the conditional offer made by the European Union (EU) for extension of GSP+ tariff concessions for a limited period and said that the conditions imposed by the EU amounted to interference into the internal affairs of the island nation.

Addressing a news conference here, Foreign Minister G.L. Peiris maintained that 15 conditions imposed by the EU on GSP+ tariff concessions amounting to $150 million undermined the sovereignty of Sri Lanka and were not acceptable.

"It is the view of the government that the position taken by the Commission involves the imposition of a series of conditions, the cumulative effect of which is clearly inconsistent with Sri Lanka's sovereignty," said the Minister.

The European Commission had said last week it was ready to propose to the European Council to maintain GSP+ preferences for Sri Lanka for a limited additional period, subject to a clear and written commitment by the government of Sri Lanka to undertake a well defined number of human rights related actions within a six-month period beginning in July."

Clarification of Temporary Removal From Customs Warehouse

Grosvenor International Systems PLC — 2010-06-25T11:35:57+01:00

HMRC have published a Customs Information Paper clarifying the use of temporary Removal for certain types of activity. The paper also details the use of Temporary Admission (which used to be Temporary Import) wher Temporary Removal is no longer available.

AEO News June 2010

Grosvenor International Systems PLC — 2010-06-25T11:26:30+01:00

HMRC have published a Customs Information Paper detailing some news about the Authorised Economic Operator (AEO) process.

The key issues covered are:

An announcement that the AEO Self Assesment Questionnaire is being standardised - this will be published in July and must be used for any applications from 1/1/11
An update on AEO mutual recognition with Japan
An update on AEO benefits, including
- The extension of simplified IPR returns to AEOs
- A review by HMRC/UKBA to try and provide benefits to AEOs at the border
- A description of the AEO type simplifications for importers of fish

Please contact us if you have any questions about AEO.

EU Eastern Border Consultation

Grosvenor International Systems PLC — 2010-06-25T11:08:30+01:00

The EU has been working with countries on its Eastern border to try and steamline customs processes.

The attached document is an invitation to contribute to a consultation process about the flow of goods etc across the eastern border - the deadline for comments is the end of August 2010.

Reapplication Deadline Approaching

Grosvenor International Systems PLC — 2010-06-08T08:00:33+01:00

The 30th June reapplication deadline for current holders of CFSP/NES/SASP authorisations is fast approaching. Although Customs recently announced some flexibility in respect of the deadline, this will only be judged on a "case by case" basis.

Grosvenor clients now have our Compliance Manual which can be used in support of their reapplication process - the manual is designed as a step by step procedures manual and includes documented control processes in respect of import/export activity involving Ricardo.

If you have any questions about the reapplication process please contact us.

Two New Customs Information Papers - Agricultural Products

Grosvenor International Systems PLC — 2010-06-03T07:35:12+01:00

Two new CIPs are attached to this article - they concern imports of Basmati Rice and Tariff Preference arangements from Egypt for agricultural products. The papers will be published on HMRCs website early next week.

Ricardo Customs Duty Compliance Control Manual

Grosvenor International Systems PLC — 2010-05-27T13:47:12+01:00

We have put together a Customs Duty Compliance Control Manual to help you with the documented procedures required by HMRC as part of the Re-authorisation for Simplified Procedures process. This is a template that needs to be tailored to suit your individual business operations and requirements.

Please note this is strictly for the benefit of Grosvenor clients and is password protected. If you have any questions please contact us.