Business Edge 62

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business matters chamber customs

August/September august/september december/january june/july 2019 2018 2021 business edge

Sussex Chamber launches a new service T1 Transit Documents - complementing the Customs Declarations service. The UK has now left the EU, so it is vital all businesses comply with the new rules for any import and export of goods outside of the UK and ensure customs declarations are in place. “Do you Import and/or Export goods to the EU or rest of the world?” Sussex Chamber offers an HMRC compliant service that you can trust. This service offers traders a high level of compliance with HMRC procedures and offers a direct link for customs clearance through all sea, air and road ports and terminals in the UK.

A new Transit Service - T1 also known as Transit Accompanying Document (TAD) We now offer customs transit, this is a customs procedure used to move goods not in free circulation moving between two points of a customs territory, via another customs territory; or between two or more different customs territories. Using the Customs Transit procedure allows for the temporary suspension of duties, taxes and commercial policy measures that are applicable at import.

We will create Transit Declarations on your behalf using SGS TransitNet ChamberCustoms will submit and monitor Transit declarations on your behalf

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ChamberCustoms will arrange comprehensive bank guarantees through SGS to cover your goods TransitNet operates under EU CT regulations and principles The benefit of using ChamberCustoms to create your transit documentation is through our agreement with SGS TransitNet, we may be able to add your premises to our Authorised Consignor license which will allow you to start your transit movements from your address.

Paid services we offer at Sussex Chamber: Import declarations (Full) Import declarations (Simplified with additional charges)

Why do I need a T1? The main benefit is that no customs duties or taxes are payable as the shipment moves from one country to the next within the European Union. This is the case until the shipment arrives at its intended final destination. T1 is a certificate used for the movement of non-community goods. The noncommunity status basically means that certain formalities have not yet been fulfilled and therefore, the product is under customs control. The formalities can be: the payment of import tax, for example. When certain goods need to be transported from A to C, sometimes the product has to cross the border of country B. The T1 document tells

www.sussexchamberofcommerce.co.uk

customs that although the products may be physically present in country B, they are not yet cleared for public circulation. Therefore, they can be either transported between borders or stored in a bonded warehouse under customs control. Upon arrival at the end destination, the T1 document is settled, taxes will be charged and the goods are cleared for circulation.

Export declarations T1 Transit documents Within our main ChamberCustoms hub we also offer an Advisory Service at an additional charge.

We complete Import/Export declarations (EU and Rest of the world) We complete the declaration using information the customer providesinvoices/ packing lists/ excel spreadsheet (containing transport and licences info (as per tariff).

tel: 01444 259 259


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