ensuring your import, export and transit obligations are met
Ensuring Accuracy, Avoiding Penalties, and Optimising Trade, customs compliance is also key in obtaining approvals such as AEO
the main areas of customs compliance
valuation
- This impacts the amount of duty & VAT paid to HMRC
origin
- Sets which preference and trade agreements apply, rates of duty linked to preference and any embargoes in force
hmrc authorisations
- Specific adult trails and procedures must be followed for any HMRC authorisations held
CLASSIFICATION
- Influences duty rate payable, which import regulations apply and what data is required on the declaration
procedure
- Which procedure the goods are entered to sets the rules that apply to the movement of goods
How vartan consultancy can help you
we provide a comprehensive range of customs compliance services
By assisting you in navigating the complexities of customs regulations we can help you avoid penalties. At the same time we will help you maximise your financial benefits by identifying areas of opportunity for your business.
We help ensure a business maintains its obligations. At the same time, we also identify any areas of opportunity for reducing duty payable or releasing cash flow by advising which duty suspension schemes may be beneficial.
how vartan consultancy can help you
we provide expert guidance & reports
Our Customs Health Check will assess the business, identifying any areas of customs compliance risk
or opportunity. This includes a discussion to scope the nature of the business and a comprehensive
customs entry audit followed by a full report.
We can also provide expert guidance and reports covering:
- Customs Classification
- Origin Preference
- Deferment Account – SIVA (Simplified Import Vat Accounting) / PVA (Postponed Import Vat Accounting)
- Entry Auditing
- Duty Reclaims
- Inward Processing (IP), Outward Processing (OP), Temporary Admission, Authorised Use (End Use) and Simplified Declaration Procedure (SDP)
- Customs Comprehensive Guarantee
- Incoterms and Additional Costs and Deductions / Calculations for Customs Valuation