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TIRO : TIR Convention

The Customs Convention on the International Transport of Goods Under Cover of TIR Carnets, 1975

Read more TORO : Transfer of Rights and Obligations

Transferring of rights and obligations from the holder responsible for the customs procedure to another operator who can be used for end-use customs procedures as well as for other procedures.

Read more Trade Facilitation

The simplification and harmonization of international trade procedures, including activities, practices, and formalities involved in collecting, presenting, communicating, and processing data required for the movement of goods in international trade.

Read more Transaction Value

This is the prime method for determining the Customs value as defined in the WTO Valuation Agreement.

Read more Transfer Pricing

Determination of transfer prices for transactions between related parties.

Read more Transhipment

A movement where the goods are imported and exported within the confines of a UK airport or port in the course of a movement which started and will end outside of the UK.

Read more Transport Unit

Any means of transporting goods suitable for use in a Customs transit operation or under Customs seal. 

Read more UCC : Union Customs Code

The Union Customs Code (UCC) is the customs code for the European Union.

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