- Case concerns customs duty classification of underwater composite cable
- Nexans argued for 0% duty classification, HMRC argued for 2% duty
- Cable had fibre optic component for data and temperature monitoring
- FTT allowed Nexans’ appeal, found cable performed two distinct functions effectively
- Decision has broad relevance for classifying goods for customs purposes, especially for wind farm developers in the UK using similar composite cables.
Source: rpclegal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- High Court Rules Curaçao Bank Unaware of £220m VAT Fraud, Dismissing Liquidators’ Claims
- Hippodrome Casino’s VAT Recovery Appeal Rejected by Tribunal, Standard Method Upheld
- Rethinking Britain’s VAT: Simplify Rules and Expand Coverage for Economic Stability
- UK Implements EPR Scheme for Packaging, Modulated Fees Begin in 2026
- HMRC Announces New Vaping Products Duty and Stamps Effective October 2026