As many UK and European companies prepare for the UK transition period to end, this has been one of the most googled questions lately. See the ‘What’ and ‘How’ below and, if you trade between the UK and EU, take action. What does EORI stand for? EORI is an acronym and stands for Economic Operator RegistrationContinue reading “What is an EORI Number?”
Tag Archives: Brexit
What is a binding tariff?
A binding tariff or binding tariff information (BTI) is a classification decision made by the local customs authority in UK and Europe on the classification of goods. The BTI outlines the commodity code or harmonised standard (HS) number the goods are classified under and the associated duty rate plus any required licenses, quotas or quantitativeContinue reading “What is a binding tariff?”