UK Publishes Draft Tariff Schedule in Effect After No-Deal Brexit
The United Kingdom on Oct. 8 published a draft of the tariff schedule and tables of tariff rate quotas that will take effect Oct. 31 if the U.K. leaves the European Union with no transition deal in place. “These documents…
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are drafts. Final versions will be uploaded with the legislation, which is subject to Parliamentary approval,” the U.K.’s HM Revenue & Customs said. The U.K. also updated its guidance on non-preferential, most favored nation rates of duty after a no-deal Brexit. “If your goods are not listed on this page, you will not have to pay customs duty (tariff) when importing them into the UK,” the updated guidance says.