Introduction:
Hello everyone! In today’s tutorial, we will delve into the efficient payment of duties using the CDS cash account on the Customs Declarations UK platform. This step-by-step guide aims to simplify the process, ensuring a hassle-free experience for users.
Navigating the “Commodity Requirements” Section:
To initiate the process, start by making a declaration and navigating to the “Commodity Requirements” section. Here, selecting the appropriate payment method is crucial. Opt for the CDS cash account, identified as type P. Ensure the correct guarantee and authorization settings by setting the current type as a CDS cash account and entering the EORI number linked to your CDS cash account in the Guarantee Reference (GRN) field.
Practical Application:
Let’s move on to the practical aspect using a draft declaration as an example. In the “Commodity Requirements” section, where item details are entered, choose the CDS cash account as your payment method. For each item, specify the payment details, such as a 20% VAT and a 10% custom duty in this demonstration. Remember, this payment selection is necessary for every commodity item you’re paying for with the CDS cash account.
Comprehensive Guidance:
For a more detailed walkthrough of completing the entire import declaration process, refer to our comprehensive video guide. It provides a step-by-step tutorial, offering additional clarity on each stage of the process.
Setting Guarantee Type and Authorization:
Moving forward, in the “Guarantees and Authorization” section, set the guarantee type to Y – cash accounts. Input the EORI number of the duty-responsible party in the Guarantee Reference (GRN) field. These steps ensure that the system automatically recognizes the CDS cash account as your selected payment method for the duties.
Conclusion:
Thank you for joining this tutorial! We are excited about the prospect of helping you use the Customs Declarations UK system efficiently and effectively. By following these outlined steps, you can streamline the payment of duties using the CDS cash account, contributing to a smoother and more convenient user experience. Feel free to reach out for further assistance, and stay tuned for more tutorials and updates.