Press Release: December 08, 2020
Indestructible Paint is preparing for a “no-deal” Brexit with no agreement being reached by 31st December 2020 and with it an immediate transfer to World Trade Organisation (WTO) trading conditions.
The following is an update for on our preparations for this potential outcome. We would also encourage you to make appropriate preparations for your own business.
Indestructible already export to over 80 countries and have worked with custom handling agents and brokers to manage imports and exports for over 30 years. With many of these countries, including the USA, transactions have been conducted under WTO trading conditions. We can provide tariff codes and country of origin certificates for all materials clients may wish to purchase.
For all “ex-works Inco-Terms” basis shipments, the emphasis on arranging the transport of the goods, and completing the new required Custom Declarations will become the Customer’s responsibility.
Due to the high degree of uncertainty as to whether there will be a “no-deal Brexit”, and whether we will have to revert to WTO trading, we advise clients to review their stock following 31st December 2020. For additional stocks, we ask that orders be placed with our sales team as soon as possible in order to allow us to prepare our manufacturing programme to mitigate the risk of supply delays.
Please contact your usual sales team member or e-mail [email protected]
We continue to constantly monitor the situation regarding cost implications of Brexit, including the holding of additional stock both in the UK and in Europe. Any additional increases in prices required would be discussed with clients prior to implementation. Provision is in place for Only Representative (OR) cover in the EU for REACH authorised obligations and management for our REACH authorised materials, to include our commitment to supply Chromium Trioxide containing materials for Aerospace Industry use through our authorised and legal distributor.
Due to continuing uncertainty both within the UK parliament and the European Commission, these activities may be changed to take account of new information or legislation.
Please contact our Brexit hotline on +44 (0)121 702 1501 or e-mail [email protected] to discuss specific requirements.