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 ValueThis is the prime method for determining the Customs value as defined in the WTO Valuation Agreement.
Read more Transfer PricingDetermination of transfer prices for transactions between related parties.
Read more TranshipmentA 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 UnitAny means of transporting goods suitable for use in a Customs transit operation or under Customs seal.
Read more UCC : Union Customs CodeThe Union Customs Code (UCC) is the customs code for the European Union.
Read more UCR : Unique Consignment ReferenceRead more UT : Union TransitThe 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 :
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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