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U.K. dealers are falling foul of a relief IT system policing goods crossing the English Channel, as companies grapple with a fresh surge of post-Brexit regulatory procedure.
As of Jan. 1, significances from the EU must be reused using-called Goods Vehicle Movement Service (GVMS), yet vehicles have encountered lapses like shipments not loading on the system and reference canons not being accepted. Japanese automaker Honda Motor Co. is among the businesses that have seen loadings hit therefore far.
“We’ve got an entire bunch of Lorries that aren’t clearing because the commodity isn’t working, and it’s not incapacity on our part,” said Steve Cock, director of customs consultancy at The Customs House, who has had freight staying to enter Britain since New Year’s Day. “It’s going to rubbish off tons of individualities and have tons of fresh charges for vehicles that aren’t getting to the U.K.”
The new IT system represents the newest headache for importers thanks to Brexit, which erected new regulatory hurdles between the U.K and EU, its largest trading mate. Trade with the bloc has suffered thanks to the fresh regulatory procedure and is about 15 lower than it might are had the U.K stayed within the bloc, harmonious with modelling by the Centre for European Reform, a think-tank.