The digitisation of the shipping industry involves the integration of digital technology into various aspects of the shipping process, including cargo tracking, vessel operations, and supply chain management. The goal of digitisation is to increase efficiency, reduce costs, and improve transparency and visibility across the supply chain. One of the main drivers of digitisation in…
HM Revenue and Customs (HMRC) has launched an advance valuation ruling (AVR) service, which provides importers with certainty over the customs value of their goods before they arrive in the UK. From 27 April 2023, traders can apply online for an advanced valuation ruling. The AVR service allows importers to apply for a legally binding…
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