Felixstowe Trade and Enterprise College Education Commitee Updates 27th Otober 2016 AEO/UCC

 

Union Customs Code (UCC) – Adoption of the Delegated Act (DA) and publication of the final text of the Implementing Act (1A)

 Article 24(4) 

The text previously allowed traders granted AEO status the option, on agreement with customs to have documentary and physical controls of goods carried out an agreed location (as opposed to just a port) 

Article 32 and Annex 22-01 – Determining the origin of the goods

The Commission intends to introduce the existing guidelines on origin into the Delegated Act, making them mandatory. 

Imposition of binding list rules pre-empts the negotiation in the WTO to seek common list of rules to apply in every signatory Country (HS programme)

Article 115 

External Transit movement will continue if the premises are also authorised for Temporary Storage and on condition that the goods must be declared to a customs procedure within 24 hours. 

Binding Tariff Information

The administrative transitional arrangements permit decisions on binding information make prior to 1^st May 2016 to continue through to their date of expiry – but the decision becomes binding on the holder of the decision. 

Requirement for the 6-digit HS code to be included on the Entry Summary Declaration. This will improve the quality of information provided to Customs and help to ensure the quality of risk analysis and thus the safety and security of the EU citizens. 

Full details available on request

Retention of Documentary Evidence

Where your customs entry is allocated a Route 6 clearance, as indicated on the Chief entry acceptance advice (E2), you do not have to present paper copies of the customs declaration to customs. However, you must retain copies of all declarations and supporting documents are your premises for 4 years.  The regulations also allow for documents to stored electronically, providing you can produce an original when requested.   The exception to this is preference certificate which, due to the need to check original stamps must be retained in the original paper format.

If you do not present, the required documents by the date requested action may be taken against you under Customs Civil Penalty provisions. 

Full details available on request

Further details to follow concerning:

1. Retention of tariff preference documents
2. Preferential origin rules
3. Origin checks prior to importation
4. Use of EORI
5. Low Value Bulking of Import requirements
6. Implementation of the Union  Customs Code 

Shipping Trade and Transport News 27th October 2015

 

Company News

 

United Arab Shipping Company (UASC), one of the fastest-growing shipping lines in the industry, is reportedly in advanced negotiations with Korean yards for another US $1-billion order
Hapag Lloyd reaffirm its decision to launch its initial public offering this year.  Hapag Lloyd anticipate the market downturn to improve during the next two to three years

Vessel News

M.V. Archimedes
Two more bulk carriers were arrested in Singapore on Sunday, according to the latest records from the Supreme Court of Singapore.  Information indicates Archipelago Shipping's Greece-flagged Archimedes was the fifth bulk carrier to be arrested in the city state this month.

M.V.  Yong Sheng

China’s biggest shipping company intends to launch regular services through the Arctic Ocean to Europe, a spokeswoman said Tuesday, as global warming makes the route viable and Beijing steps up its northerly economic ambitions.

 

 

 

 

 

 

 

 

 

 

Port News

 

Port of Hong Kong

100 people were injured on Sunday when a ferry returning from Macau to Hong Kong collided with an unknown object, a police department official said. The injured were treated in five different hospitals in Hong Kong, though the nature and extent of injuries were not immediately known.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customs UCC Updates

 

Union Cusotms Code  Adoptoin of the Delegated Act (DA and publication of the final text of Implementing Act (IA)

Extract from the publication

DELEGATED ACT

Article 11 – Conditions for the acceptance of an application Earlier versions of the text gave recognition to economic operators who approached customs stating that they could no longer comply with the conditions of a previous decision, by removing the period during which a new authorisation could not be granted.

This recognition has now been removed so offering no acknowledgement to economic operators seeking to be voluntarily compliant. Article 24(4) 2nd sub-paragraph – More favourable treatment regarding risk assessment and control (AEO)

The text previously allowed traders granted AEO status the option, on agreement with customs, to have documentary and physical controls of goods carried out at an agreed location (as opposed to just at the port). The text is, though, not clear that agreement between the trader and customs authorities is still necessary.

Article 32 and Annex 22-01 – Determining the origin of goods
The Commission intends to introduce the existing guidelines on origin (which are formulated as a series of rules) into the Delegated Act, making them mandatory.
Imposition of binding list rules pre-empts the negotiations in the WTO to seek common list rules to apply in every signatory Country (Harmonisation Work Program).

The Commission’s approach provides less flexibility to address changing situations, such as technological development in products and production methods.
Full details are availabe on request.

EU Trade News

The European Central Bank finds the weak performance of the French economy surprising, its chief economist Peter Praet told AFP in an interview, urging Paris to press ahead with reforms.
 There are "no taboos" for the European Central Bank when it comes to finding ways to push up the chronically low level of inflation in the euro area, the ECB's chief economist Peter Praet told AFP in an interview.
Britain will lobby the European Union and its member states to stop taxing tampons and women's sanitary products as luxury items, rather than necessities, a junior finance minister promised on Monday.