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Version Superseded: 19/06/2023
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There are currently no known outstanding effects for the The Trade Preference Scheme (EU Exit) Regulations 2020, Section 14.
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14.—(1) The [F1GSP rate] on EF goods is that set out in, or as the case may be, determined in accordance with, the rules in paragraph (2).
(2) The rules are that where—
(a)“EF1” is specified in column 6 of the GSP Specified Goods Table, the [F2GSP rate]—
(i)is a nil rate, in a case where the standard rate of import duty is represented only by a by-value duty expression;
(ii)is a nil rate, in a case where the standard rate of import duty [F3is represented only by] a specific duty expression;
(iii)is a rate determined by adjusting the standard rate of import duty so that—
(aa)the specific duty expression applies; and
(bb)the by-value duty expression is reduced to a nil rate,
in a case where the standard rate of import duty is represented by a compound duty expression;
(iv)is not to exceed the maximum duty specified in the Tariff Table; and
(v)is not subject to the minimum duty specified in the Tariff Table.
(b)“EF2” is specified in column 6 of the GSP Specified Goods Table, the [F4GSP rate] is determined by adjusting the standard rate of import duty as follows—
(i)for the by-value duty expression in the Tariff Table, in the case of EF goods under commodity codes 0306 16, or 0306 17, except for EF goods having commodity code 0306 17 94, substitute a by-value duty expression of 3.6%; and
(ii)for the by-value duty expression in the Tariff Table, in the case of EF goods having commodity code 0306 17 94, substitute a by-value duty expression of 2.4%.
Textual Amendments
F1Words in reg. 14(1) substituted (23.4.2021) by The Trade Preference Scheme (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/435), regs. 1, 10(a)
F2Words in reg. 14(2)(a) substituted (23.4.2021) by The Trade Preference Scheme (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/435), regs. 1, 10(a)
F3Words in reg. 14(2)(a)(ii) substituted (23.4.2021) by The Trade Preference Scheme (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/435), regs. 1, 10(b)
F4Words in reg. 14(2)(b) substituted (23.4.2021) by The Trade Preference Scheme (EU Exit) (Amendment) Regulations 2021 (S.I. 2021/435), regs. 1, 10(a)
Commencement Information
I1Reg. 14 not in force at made date, see reg. 1(2)
I2Reg. 14 in force at 31.12.2020 by S.I. 2020/1643, reg. 2, Sch.
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