- New civil penalties for breaches of reporting obligations in import/export of goods
- Penalties added to Customs (Contravention of a Relevant Rule) Regulations 2009
- Penalties apply to breaches of new regulations in Customs (Import Duty) Regulations 2019 and Customs (Export) Regulations 2020
- Penalties may apply to failures in meeting reporting obligations for import/export of goods, including movements to/from installations on UK continental shelf
- Regulations required to align customs and excise duties with those in the UK
Source: gov.im
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.