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May 29, 2020

UK to apply tariffs for imported wood and wood products

UK to apply tariffs for imported wood and wood products
From 1 January 2021, the UK will apply a UK-specific tariff to imported goods. The UK Global Tariff (UKGT) will replace the EU’s Common External Tariff, which applies until 31 December 2020.    The duty rates will become applicable to customs entries made on or from 1 January 2021 when the UK formally exits the EU. The changes for the new UK Global Tariff within Chapter 44 for Wood and Wood Products are as follows:     No increases in duty rates and no changes to products currently subject to 0% duty  ...

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