India raises import tariffs, especially electronic products!

In terms of import tariffs, India has adjusted the import tariffs on gold, silver, copper, solar modules, cotton and other items. In the future, the prices of gold, silver, copper and iron products, leather goods, and nylon clothing will decrease, and the prices of imported auto parts, solar cells, mobile phones, and imported gems will rise. Specifically: Increase the tariff on solar inverters from 5% to 20%, and India is "removing" tariff exemptions for all machinery, instruments, electrical appliances, parts or auxiliary equipment used to construct solar projects; The footwear tariff will be increased from 25% to 35%; [...]

2021-02-14T03:34:04+00:00February 14th, 2021|Categories: Blogs, Customs policy|3 Comments

Brexit, 2021 New EU & UK import policy,VAT, traiff

The Brexit transition period agreed in the Brexit Agreement between the UK and the EU will end at the end of 2020. In 2021, both the UK and the EU have made corresponding amendments and adjustments to the customs declaration and tax payment of imported goods and issued a number of new regulations. Customs clearance at the port of entry Since January 1, 2021, a customs border will be established between the UK and the EU, so shipments need to be cleared at the corresponding Port of entry. -Shipments destined for the UK should be cleared at the [...]

2021-01-15T14:54:07+00:00January 15th, 2021|Categories: Blogs, Customs policy|0 Comments