Bicycles: UK Trade with EU

Treasury written question – answered at on 2 March 2021.

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Photo of Emily Thornberry Emily Thornberry Shadow Secretary of State for International Trade

To ask the Chancellor of the Exchequer, what evidence is required to prove that a bike has been assembled with 55 per cent UK or EU content for the purposes of tariff-free import to the UK from the EU.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

HM Revenue and Customs advise that, in order to import tariff-free from the EU, evidence held by the importer that a bike has been assembled to meet the rules of origin can be either:

  • A statement of the origin of the goods provided by the EU exporter on the invoice or other commercial document that describes the goods, or
  • Documentary evidence obtained by the importer (known as ‘Importer’s knowledge’), that shows the bike has been assembled to the 55% threshold in the rule of origin. This documentary evidence should include the ex-works value of the bike as well as the value of all the originating and non-originating materials used in the production of that bike.

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