In the April 9 edition of the Official Journal of the European Union the following trade-related notices were posted:
The EU is starting preparations on a list of retaliatory tariffs on U.S. goods that would take effect after a World Trade Organization arbitrator rules in a dispute over U.S. subsidies for Boeing civil aircraft, a European Commission spokesman said. That arbitrator will tell the EU how much it is allowed to retaliate for the subsidies, the spokesman said, speaking after the U.S. released its own list of proposed retaliatory tariffs on EU goods in a similar WTO dispute on EU subsidies for Airbus (see 1904090057). The EU is open to discussing both disputes with the U.S., he said.
In the April 8 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom’s HM Revenue & Customs is extending until May 31 the deadline for applications for grants available to fund training and information technology improvements in preparation for the U.K.’s planned withdrawal from the European Union. Available to importers, customs brokers, freight forwarders and couriers that are either established or have a branch in the U.K., the funding “will support customs intermediaries and traders completing customs declarations,” HMRC said. Out of a total $8 million available, $2 million is available to fund up to 50 percent of the cost of training for staff completing customs declarations, another $3 million is available to fund IT improvements related to customs declarations for small and medium intermediaries, and $3 million was invested in training courses that will be available “over the coming months to support customs broker training,” HMRC said.
In the April 5 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom will give U.S. companies an additional 60 days to submit documentation for value-added tax (VAT) refund claims covering 2017-18 in light of disruptions caused by the recent U.S. federal government shutdown, the U.K.’s HM Revenue & Customs said in an updated guidance document. As a result of the partial shutdown, U.S. companies may not have been able to obtain a valid certificate of status proving their U.S. business registration, HMRC said. The revised deadline for the certificates for 2017-18 refund claims is now May 30. The deadline for claimants from all other countries remains March 31, 2019. “In all cases, all other documentary evidence required to process the 2017 to 2018 claims must have been submitted by 31 December 2018,” HMRC said. Under the Overseas Refund Scheme, companies not based in the U.K. or European Union may “reclaim VAT charged on imports into the UK or purchases of goods and services used in the UK for business purposes.”
In the April 3 edition of the Official Journal of the European Union the following trade-related notices were posted:
In the April 3 edition of the Official Journal of the European Union the following trade-related notices were posted:
The United Kingdom’s HM Revenue & Customs on April 2 updated its notice on deferring duty, value-added tax (VAT) and other import charges. Updated sections include what can be deferred, payments, guarantees, deferment approval, procedure, statements and duty deferment approval criteria. The information in the notice had not been updated substantively since it was first issued in March 2009.
The United Kingdom on April 2 signed a trade continuity agreement with Norway and Iceland, the U.K. Department for International Trade said in a press release. The agreement, which takes effect in the event the U.K. leaves the European Union with no transition deal in place -- currently scheduled for April 12 -- “maintains the same level of tariffs on goods traded between the UK, Iceland and Norway,” the release said. “Trading on these preferential terms in a no deal scenario, rather than on World Trade Organization terms, will deliver significant savings and help to safeguard British jobs.”