On 9 October 2017, UK HM Treasury published Customs Bill White Paper that covers plans for the customs, VAT, and excise regimes the UK will need once it leaves the EU. According to a related release, the white paper confirms that the UK’s new legislation will, as far as possible, replicate the effect of existing EU customs laws. It also covers provisions for the implementation of customs, VAT and excise regimes in the event that no deal with EU is reached. In particular, the Customs Bill will give the UK the power to: Charge customs duty on goods; define how...