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THE OBLIGATION OF CUSTOMS DECLARATION STORAGE, AND THE DUTIES OF THE GOODS OWNER. A customs declaration is of crucial importance in international trade and contains detailed information about goods crossing national borders. A correctly completed customs declaration ensures proper customs clearance and accurate payment of duties and taxes. In our blog you will find answers on very important questions as: - Who is obliged to submit the declaration? - Who is responsible for storage of the customs declarations? - Which documents should be stored? - How long the declarations must be stored? - The important follow-up checks and the goods owner’s responsibility. For answers we invite you to read here : https://lnkd.in/dJ8uvM_j Viabaltic Norge AS - Customs clearance, Freight forwarding Norway-Europe, Transport between Norway and Poland www.viabaltic.no #TransportNorwayPoland #Logistics #Freight #Forwarding #freightforwarding #Customsclearance #Shipping #Spedisjon #Fortolling #Transport #Logistikk #TransportNorgePolen

ATA Carnet – ‘‘Passport for Goods’’ Ø ATA Carnet is an international customs document that permits the tax-free and duty-free temporary export and import of non-perishable goods for up to one year. Ø ATA Carnet is issued in 81 countries including India, which are parties to the Customs Convention on ATA Carnet. Ø The initials "ATA" are an acronym of the French and English word "Admission Temporaire / Temporary Admission". Ø The ATA Carnet System is a perfect illustration of how close co-operation between business and customs can facilitate and stimulate international trade. Ø The ATA Carnet operates under International Customs Conventions administered by the World Customs Organisation (WCO). Ø A World ATA Carnet Council, manages the system in cooperation with the WCO. Ø The Council is made up of representatives from the countries and territories where Carnets are issued and accepted. Ø In India, Federation of Indian Chambers of Commerce and Industry (FICCI), is appointed as National Guaranteeing & Issuing Association for ATA Carnets. Ø Payment of import duties and taxes is guaranteed by the guaranteeing association affiliated to the WCF/ATA guarantee chain in the territory of the temporary admission. Ø The guarantee is automatic and the customs need not check its validity for each Carnet. Ø In addition, the system does not affect the revenue of the nation since the goods covered by the ATA Carnets are intended for re-exportation and not at all for sale in the country of temporary admission. Ø The system is "self-policing" in that should the Carnet holder fail to re-export the goods within the period of validity of the Carnet, duties become payable. Ø Items which are excluded from the ATA Carnet System are, Perishable goods and items such as paint, cleaning materials, food, oils, leaflets and brochures, which are considered as "consumable items" and intended to be given away, disposed of, or utilized abroad, are excluded from the system as they would not ordinarily be re-exported. Ø Also excluded from the ATA Carnet system are the following : Items already sold or offered for sale. Such items are not considered samples. Un-mounted gems or gemstones; theatrical make-up, etc. Alcoholic beverages, tobacco and fuels, etc. Goods intended for processing or repair. Postal Traffic. In short, ATA Carnet is import & export of goods on temporary basis without paying custom duties.   #keep reading! keep growing!

Customs Controls in Turkey: Regulations and Practices Customs Control in Turkey plays a critical role in regulating the flow of goods across borders, ensuring compliance with national laws and international trade agreements. It involves a range of activities, including inspection of goods, collection of tariffs and taxes, enforcement of import/export restrictions, and prevention of smuggling. Turkey’s customs system is governed by Customs Law No. 4458, which aligns with the EU Customs Code and global trade standards. Secondary legislation, including regulations and communiqués, provides detailed guidelines for customs procedures, risk management, and dispute resolution. Businesses operating in Turkey must navigate customs controls carefully to optimize processes, avoid penalties, and maintain compliance. Bıçak Customs and Foreign Trade Services team aims to support companies in matters such as compliance and risk management in customs transactions, predictability of costs in transactions and increased efficiency, effective relationship management with authorities, and rapid support for operational foreign trade transactions. https://lnkd.in/dCtUGmnf @CustomsControlTurkey

GAC records 433735 customs declarations in May

The Customs (Miscellaneous Amendments) (No. 2) Regulations 2024 - Customs rules The below is quite an interesting proposal that will change the overpayment process as we know it (C285's etc). From what i read, if you process a reclaim for duty you believe you have overpaid, which at the time of applying, the lower rate of duty is no longer applicable, it will be refused by HMRC. I see two main practical cases this may apply to : Scenario 1 : You applied to change a commodity code to a duty rate that was applicable at the time of import in 2023, the new commodity code had an updated rate of duty as of January 1st, 2024 and you submitted the reclaim on January 22nd, 2024. As the new rate is higher; you will only be able to reclaim against the new rate of duty which applies to the commodity code at the time of application (this may be higher than your original HS duty rate!). Scenario 2: Your application is to retrospectively apply preference to a shipment you imported in 2023 as you were unaware at the time of import this was an option. You now make an application in 2024 providing your origin statement &/or preference document (EUR1 etc), only to understand : - A suspension/withdrawal is currently in place under the FTA for the commodity code and your application is refused (we have seen this happen with Cambodia). - The duty rate was increased before your application was submitted in 2024 and now results in your reclaim being lower than originally anticipated or refused! Im sure there are more examples than this but some food for thought! #customs #HMRC #import https://lnkd.in/exK3EjRd

who is a clearing or customs agent? A customs agent is a person who has been licensed by the commissioner customs to facilitate smooth declaration and or clearance of goods in or out of the country on behalf of another person. Why does URA work with clearing agents and not directly with importers? The East African Community customs Management Act (EACCMA) provides that the owner of any goods entering or leaving the country is required to seek services of an authorized agent. Clearing agents are mandated to provide professional services of tax declaration to importers and exporters. Uganda Revenue Authority [URA] deals with accredited clearing firms represented by agents. Taxpayers are however not supposed to leave all their tax affairs in the hands of agents and should keep a close look at what agents do. What is expected of a clearing agent? These among others include: -Aquire an authorization letter from the owner of goods. -Obtain import/export documents (e.g original import documents- bills of lading, invoice or parking list or any other documents that relate to the importation or exportation of goods) -Go to the bonded ware house or the border stations where the goods are and process transit or import documents for final clearance. -Provide, whenever required by customs administration, an authorization form from the firms or persons by whom he is employed to act as their customs agent. -Represent a client in any matter related to customs. -Advise a client against non-compliance to customs laws. -Exercise due diligence to ascertain the correctness of any information which he imparts to a client with reference to any customs operations. -Not withholding information relating to customs operations from a client who is entitled to such information. -Together with the importer, promptly pay government any duties taxes or other debts and promptly account to his clients for any money received for them from government. NB. importers should never hand over the payment obligation for taxes exclusively to the clearing agents. payments should either be made by cheque to URA or cash deposits to the bank.

Navigating Customs Duties: Essential Legal Insights Customs duties are a pivotal component of international trade, involving the taxes imposed on goods as they cross national borders. These duties are essential for generating government revenue, protecting domestic industries, and regulating trade. For businesses engaged in global trade, a thorough understanding of customs duties is vital to avoid legal pitfalls and ensure efficient operations. The Fundamentals of Customs Duties Customs duties, also known as tariffs, are taxes levied on goods imported into a country. They serve multiple purposes: generating revenue for the government, protecting domestic industries from foreign competition, and regulating the flow of goods. Customs duties can be categorized into several types: Ad Valorem Duties: These are calculated as a percentage of the value of the imported goods. Specific Duties: These are based on the quantity or weight of the goods, irrespective of their value. Compound Duties: These combine both ad valorem and specific duties. The rates of customs duties... #AttorneysMedia #customsduties #exportcontrols #globaltrade #importregulations #internationalbusiness #InternationalTradeLaw #legalconsultation #legalinsights #tradecompliance #tradelaw #TradePolicies

The European Union has long required that all imported goods, including free samples, be subject to customs duties. This decision arose from the need to curb the practice of importing goods as "free samples" to evade VAT and import duties. While addressing a legitimate issue, the EU's solution was to impose blanket penalties, impacting all importers rather than targeting those making false declarations. Instead of cracking down on fraudulent activity, the EU opted to penalize everyone equally, leading to increased bureaucracy and additional costs. Firstly, free samples, essential for business development, are now taxed based on their declared value, which cannot be zero. This necessitates managing small payments to cover fixed and variable duties, as well as the extra costs incurred by courier companies for handling customs declarations and invoicing. As a result, businesses are paying additional fees to courier companies and facing higher operational costs. For companies that send or receive samples daily, this creates significant budgetary pressures to maintain regular operations. What's the purpose of inflicting such policies? Secondly, and more frustratingly, duties are also calculated on the freight cost. If this cost is not clearly declared or is artificially lowered to unrealistic values, customs officials may impose arbitrary and often exorbitant charges. For example, shipping 1 kg of synthetic fiber from China to Italy via DHL, with a real commercial value of $3 and intended solely for testing, can result in a customs charge of €48—16 times the value of the goods. Congrats to the brilliant mind that made all this possible!

At a time when EU exporters continue to face significant additional complexities of paying import duties, VAT and customs clearances post-Brexit, our Europa Flow service provides the perfect solution. With customs expertise on both sides of the channel, we provide support to EU businesses exporting to the UK ✅ In 2021, our parent company developed and launched Europa Flow, investing 5.8m euros in the system which manages customs formalities. Our operation ensures goods are not delayed by additional paperwork and customers aren't faced with unexpected additional fees. Want to know how we can support you exporting to the UK? ...read more in the link below 👇 #RoadFreight #EU #Exporters #EuropeanTransport

The imposition of the customs duty serves several key purposes, which are: 1. Conserving Foreign Exchange: One of the primary objectives of the Customs Act is to regulate imports in a way that helps conserve the country’s foreign exchange reserves. By controlling the flow of imports, the Act aims to strike a balance between meeting domestic demand and preserving valuable foreign currency. 2. Achieving Policy Objectives: The Act serves as a tool for the government to implement its policies related to imports and exports. It allows the authorities to regulate the movement of goods across borders in alignment with the nation’s economic and strategic interests. 3. Regulating Exports: Just as it regulates imports, the Customs Act also provides a framework for regulating exports. This ensures that the export of goods is carried out in a controlled and organised manner, benefiting both the economy and the industries involved. 4. Coordinating with Other Laws: The Customs Act works in coordination with other laws related to foreign trade and foreign exchange, such as the Foreign Trade Act and the Foreign Exchange Regulation Act. This ensures a cohesive and consistent approach to managing international trade. 5. Safeguarding Domestic Trade: By regulating imports and exports, the Customs Act aims to protect domestic trade and industries from unfair competition or practices that could harm the local market. Protecting Revenue: The Act plays a crucial role in protecting the government’s revenue by ensuring that appropriate duties and taxes are collected on imported goods, thus contributing to the nation’s fiscal resources. 6. Protecting Indian Industries: The Customs Act helps protect Indian industries from unfair competition by regulating the import of goods that could potentially undermine domestic production and employment. 7. Preventing Smuggling: One of the key objectives of the Act is to prevent the smuggling of goods and related illegal activities, which can have serious economic and security implications for the country. 8. Preventing Dumping: The Act aims to protect Indian industries from the dumping of goods by foreign producers, which involves selling products at artificially low prices to gain an unfair market advantage. For the access to the complete article. Please visit our website : https://lnkd.in/gAvNbf5T The information provided here and across our online platforms is designed for educational and informational use only. It does not constitute professional advice. For guidance specific to your situation, please seek the expertise of a qualified legal professional.