Finance Act 2021

Duty on certain steel products removed to Northern Ireland on or after 3 March 2021

4 (1) After regulation 13 insert—

“13A Amount of section 40A(1) duty for certain steel products

(1) This regulation applies to goods if—

(a) they are removed to Northern Ireland from Great Britain,

(b) they are declared, in accordance with Union customs legislation, for a procedure corresponding to the free-circulation procedure or the authorised use procedure,

(c) they are not relevant goods,

(d) they are not Union goods,

(e) they are not domestic goods,

(f) they are not goods to which regulation 11 applies,

(g) the origin of the goods (as determined in accordance with the provisions of Union customs legislation in force relating to non-preferential origin) is neither in the United Kingdom nor in the European Union,

(h) they would (ignoring this regulation) have been subject to an EU steel safeguarding measure, and

(i) if they had instead been imported into a member State they would have benefitted from tariff-rate quota in relation to that measure.

(2) For the purpose of determining the amount of duty charged under section 40A(1) of the Act in respect of goods to which this regulation applies—

(a) the EU steel regulation does not apply, and

(b) the steel safeguards notice applies as if references to import duty were to duty charged under section 40A(1).”

(2) In regulation 14 (determination of section 40A charge), after “13,” insert “13A,”.

(3) In regulation 16 (relief from section 40A duty), in paragraph (1)(c)—

(a) for “regulation” substitute “regulations”;

(b) after “13” insert “and 13A”.

(4) The amendments made by this paragraph—

(a) have effect in relation to goods declared on or after 3 March 2021, in accordance with Union customs legislation, for a procedure corresponding to the free-circulation procedure or the authorised use procedure, and

(b) have effect as if made under section 40B of TCTA 2018 (and may be amended or revoked accordingly).