Customs duties imposed on imports from specific countries in addition to the normal or preferential duty; additional duties can be introduced where the export price is below the normal value, so the import of the goods couldn't flood the market and threaten UK manufacturers.
Declarations for goods entering and leaving the customs territory of the Union are processed in the AREX system. The system is in contact with e.g. the transit, import and export systems of Customs. The abbreviation comes from the terms ‘Arrival’ and ‘Exit’.
An international Customs document which, issued under the terms of the ATA Convention and the Istanbul Convention, incorporates an internationally valid guarantee and may be used, in lieu of national Customs documents and as security for import duties and taxes, to cover the temporary admission o
A person who has been authorised to receive at their premises or at any other specified place goods under a transit procedure without presenting them and the transit declaration at the office of destination.
Written information issued by the customs authorities of the Member States on the preferential or non-preferential origin of specific goods to be imported or exported (Art. 12 CC). The origin decision is valid for 3 years in writing from HMRC.
A place of security approved by HM Revenue and Customs for the deposit, keeping and securing of goods liable to excise duty without payment of duty. This term is often applied to a customs warehouse but incorrectly since no bond is usually required for these.
The Community Customs Code compiles the rules, arrangements and procedures applicable to goods traded between the European Community (EC) and non-member countries. The Code is a single act covering the scope, definitions, basic provisions and content of Community customs law.
The computerised cargo processing system that controls goods in an inventory linked environment, consisting of a central database and a ‘switch’ to transfer messages between the various computer systems connected to it.