Import declarations are required from the EU from the 1st of January 2021. There is a deferral scheme allowing the continued flow of goods for eligible importers through use of CFSP to defer declaration up to six months. The declarant first submits a ‘Simplified declaration’ allowing their goods to flow from the border seamlessly and without interruption as long as they also submit a supplementary declaration by 4th working day of the following month.
You can submit your declaration yourself but for this you will need the skill and knowledge to complete declarations and the right software with access to CHIEF: Customs Handling of Import and Export Freight. Otherwise, this can be carried out by an authorised customs intermediary. The declarant must be authorised by HMRC and must hold a duty deferment account. The declarant could be either the importer or an appointed broker.
CFSP is a two-stage process, which provides a seamless release from the port of arrival, with supplementary declaration details submitted later. It will help importers to make all necessary arrangements even if they were not able to make them in advance due to time-pressures. As there is substantial additional time given for the deferral of duties, there are safeguards put in place to make sure that only companies who have robust processes and data retention measures in place are eligible to use this procedure. The first simplified procedure requires authorisation in advance and can be applied if you have made all the arrangements as stated above.
Importers can start importing without being authorised. In this instance, they or their agent will need to create an inventory record allowing them to delay declaration and this type of simplified declaration is carried under Entry in Declarant’s Records (EIDR).
In order to apply this procedure, the declarant must create a record at the time of which the goods are getting imported, containing all their information regarding the movement of said goods, including all the invoices, the trade documentation and the movement information. This information should be kept for a minimum of up to four years for audited records. Some documents require retention for up to 6 years and further up to 10 years. Once you have created a record, you can lodge a supplementary declaration no later than 175 days from the time of the import.
By joining one of the schemes and carrying it directly or using their broker as a representative, businesses are allowed seamless and uninterrupted movement of goods, establishing the foundations of their customs process designed for future-proof organisations.
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