News

Source: WCO A new version of the Harmonized System Nomenclature will enter into force on 1 January 2022 and is available here, https://www.wcotradetools.org/index.php/en/harmonized-system/2022/en Explanatory Notes are not yet available but are expected before the end of 2021.

This morning, Jaime King, a past chair of the IFCBA and one of the IFCBA’s delegates to the WCO Private Sector Consultative Group (PSCG) was elected as the PSCG Chair. This is for a three-year term. More details will follow, but we would like to congratulate Jaime on behalf of all IFCBA members…

Paul Damkjaer, IFCBA Director from Australia and an IFCBA Managing Director, has provided us with the Winter 2021 edition (August) of the ABF Goods Compliance Update. IFCBA members are always interested in developments in other countries, and we hope you will find this of interest. If you have any…

Source: TaxScan The Central Board of Indirect Taxes and Customs (CBIC) notified that the license under Customs House Agents Licensing Regulations to be invalid, if the licensee is inactive for 1 year. The Board has notified the Customs Brokers Licensing (Amendment) Regulations, 2021 which seeks to…

Source: WTO The WTO issued the 2021 edition of World Tariff Profiles, a joint publication of the WTO, International Trade Centre and the United Nations Conference on Trade and Development (UNCTAD). The publication provides comprehensive information on the tariffs and non-tariff measures imposed by…

Source: The Phnom Penh Post The Ministry of Economy and Finance’s General Department of Customs and Excise of Cambodia (GDCE) has waived the payment of customs broker licence fees for 2021-2022 as the Kingdom’s transport and logistics sectors reel from the sweeping effects of the ever-deepening…

The WCO, with the support of Japan Customs will host the 11th WCO Knowledge Academy for Customs and Trade (KACT) virtually from 29 June to 3 July 2021. The 5-day academy will be focusing on the development of technical skills for Customs and Trade practitioners, from 12:00 to 15:00 pm (Brussels time…

Source: The Loadstar UK Customs is “looking down the barrel of a potential nightmare” as a delay on the requirement to submit declarations nears its end and the country still lacks sufficient resources to cover the backlog. HMRC announced it would provide a six-month (175-day) delay on declarations…

Those who were fortunate to attend the IFCBA World Conference in 2000 in Ocho Rios, Jamaica will remember the warm hospitality of our Broker Association hosts. Here’s a lovely article about one of the Association’s past presidents. Source: The Gleaner Manzie Porter may be in his 80s but his mind is…