EU ICS2 and GB S&S Covered: ENS in 90 Seconds
Dual-use goods are goods that are made for regular, everyday use but can have both civilian and military applications. So, they serve two purposes: one normal and one potentially dangerous.
Examples of dual-use goods include certain chemicals, materials, electronics, software, and technologies that have applications in industries such as aerospace, telecommunications, biotechnology, and nuclear energy.
Due to the potential dangers linked with dual-use goods, numerous nations have implemented regulations and export control measures to oversee and limit their transfer, especially to worrisome destinations or entities associated with weapons proliferation.
If you intend to export dual-use goods from the UK to another country, you are required to obtain an export licence. Read about dual-use goods here.
Congratulations! This indicates that you have a well-established trade compliance procedure. Ongoing vigilance and expertise are necessary to achieve and maintain 100% compliance. Despite having comprehensive trade compliance knowledge, navigating the intricacies of import/export regulations can be difficult. Thus, consider getting assistance from industry leaders like iCustoms to serve as your reliable partner throughout the procedure.
Oh, that is alarming! Your answers show that you have some serious mishaps in your trade compliance policies. Reach out to iCustoms to cope with all the issues, whether it be unclear records, missing documents, or lack of established protocols, saving you from fines and penalties during an audit.
You’re halfway there! This figure demonstrates that you have the basic trade compliance procedures in place, but it still needs to be improved. iCustoms can assist you with clear agreements, easy documentation, HS code verification, or any other issue you may face.
Solid progress has been made! It is evident from your response that you have a stable grasp of important areas of compliance. However, there could be some other areas requiring additional attention, which may be internal audit procedures, anti-dumping duties, or others.