Posts

Tax | | MIC Customs Solutions |

New scheme set to help UK businesses reclaim tariffs on NI trade

The UK government has announced a new scheme to reimburse traders for tariffs on shipments to NI will start from the end of June.


Tax | | MIC Customs Solutions |

UK introduces new valuation service for importers

The UK's HMRC has introduced a new tool to help provide certainty to importers when it comes to correctly valuing their goods.


Tax | | MIC Customs Solutions |

What was the impact of US tariffs on China under President Trump?

A new report from the USITC has revealed the impact on US imports of Section 232 and Section 301 tariffs imposed by the Trump administration.


Tax | | MIC Customs Solutions |

India cuts diesel export duties as trade deficit widens

Export duties of petroleum products from India have been cut in response to an increase in the country's trade deficit.


Tax | | MIC Customs Solutions |

Could carbon tariffs become a future reality for world trade?

Taxes on carbon-hungry products at country borders may not be too far away.


Tax | | MIC Customs Solutions |

Brazil cuts import tariffs on IT products

Import taxes on a range of IT products will no longer apply in Brazil.


Tax | | MIC Customs Solutions |

India considering 'partial customs relief' for Tesla

Tesla is seeking partial customs relief for electric vehicles imports from India, but the country wants some assurances in return.


Tax | | MIC Customs Solutions |

Customs valuation raised on Chinese-origin cellphones in Pakistan

Pakistan has made a change to the customs values of cellphones and accessories coming from China in a bid to accurately assess import duties and taxes.


Tax | | MIC Customs Solutions |

Understanding the UK's new freeports - what will they offer?

How could the introduction of eight new freeports in England help boost the UK economy, and what could the potential drawbacks be?


Tax | | MIC Customs Solutions |

US announces and delays retaliatory 'tech tax' duties

The US has targeted six countries for tariffs in response to new DST levies, but has suspended their introduction for up to 180 days.