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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.

Read more UCR : Unique Consignment Reference

The Unique Consignment Reference (UCR) is a reference number for Customs use and may be required to be reported to Customs at any point during a Customs procedure. The UCR should be :

Read more UT : Union Transit

Allows goods not in free circulation - non-Union goods - to move between two points within the EU, while customs duties or other charges are suspended.

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