CIP (16) 67 Introduction of Registered Exporter System (REX)

HMRC-Logo

Currently imports from GSP beneficiary countries are entitled to preference if accompanied by a GSP certificate Form A or an appropriate invoice declaration.

From 1 January 2017, the EU will be introducing the Registered Exporter (REX) System which is a system of self-certification which will eventually replace the requirement for GSP certificates on a phased basis by 2020.

Who Should Read: Traders involved in bilateral cumulation with GSP beneficiary countries and re-consignors of goods to and from GSP beneficiary countries authorised Customs Warehouse keepers

What is is about: The introduction of the Registered Exporter (REX) System

When Effective: 1 January 2017

Expires: 1 May 2017

For further information and to view the full CIP click here

Posted on Tuesday 20th December 2016