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WSTA secures continued use of Customs code

Published:  23 July, 2008

Following six months of negotiations with the European Commission, the WSTA has secured the continued use of the existing 8 Digits Customs Subheadings. The Commission had considered abolishing these codes as part of its simplification of the European Combined Nomenclature.
These codes allow the trade to compare year-on-year production and sales using recognised industry product codes.
WSTA chief executive Jeremy Beadles said: This is a good outcome for the trade, which had argued strongly for these customs subheadings to be maintained. We are in favour of simplifying the nomenclature, but there is no point in losing something that is recognised and used by the trade to help monitor performance.'

Following six months of negotiations with the European Commission, the WSTA has secured the continued use of the existing 8 Digits Customs Subheadings. The Commission had considered abolishing these codes as part of its simplification of the European Combined Nomenclature.

These codes allow the trade to compare year-on-year production and sales using recognised industry product codes.

WSTA chief executive Jeremy Beadles said: ?This is a good outcome for the trade, which had argued strongly for these customs subheadings to be maintained. We are in favour of simplifying the nomenclature, but there is no point in losing something that is recognised and used by the trade to help monitor performance.?

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