Introduction If you’re importing or exporting goods with a country that has a trade agreement with the UK, the goods are likely to have a reduced or nil rate of duty based on their origin.You’ll need to: prove to HMRC that you can claim preference for the goods you are importing give the person receiving [...]
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Introduction With a Temporary Admission authorisation, you can keep imported goods in the UK for up to two years before re-exporting them. You will be exempted from paying the import duty or VAT on these items. To use Temporary Admission, you must request authorisation. Some examples of such goods can be professional equipment, auction items, [...]
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Introduction If you are unsure about the origin of your goods or simply want legal certainty, you may apply for Binding Origin Information. Binding Origin Information relates to a written decision that certifies the origin of your goods. BOI decisions are binding on the holder and on the UK customs authorities. They are normally valid [...]
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Introduction Anti-dumping duty is an import duty charged in addition to normal Customs Duty and applies across the UK and the whole EU. It allows the UK and EU to take action against goods sold at less than their normal value, defined as the price for ‘like goods’ sold in the exporter’s home market. This [...]
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Introduction The TAD, will be issued by the office of departure or authorised consignor when the transit movement is started. It will show a barcode and the movement reference number that will match your transit declaration. It must accompany your goods under transit from the point they start their journey until the transit journey is [...]
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Introduction Simplified Administrative Accompanying Document is compulsory for circulation of excisable goods. When a seller wishes to send products within the European Union and has already paid the excise duties, it must establish a SAAD on paper. The SAAD is used to send goods under ‘duty paid’ or ‘duty under deferment account /guarantee’ status. This [...]
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Introduction Authorised Economic Operator status is an internationally recognised quality mark that shows your business’s role in the international supply chain is secure and has customs control procedures that meet Authorised Economic Operator standards and criteria. The MRN Format There are 2 types of status: Authorised Economic Operator Customs Simplification (AEOC) Authorised Economic Operator Security [...]
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Introduction The MRN is a customs identification number that’s created each time a declaration is submitted for importing or exporting goods. The number generated is bespoke, allowing your goods to be uniquely linked to you. As such, it forms an important part of the audit process for your declarations. The MRN Format The MRN is [...]
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