Customs special procedures are used for paying less or no duty for the products you store, repair, process or use temporarily. Utilising this will streamline your customs management and make imports and product processing more cost effective.
What does the future hold for our bonded warehouses, Inward Processing (IP) & other customs special procedures?
In this webinar we looked at the importance for holding authorisations for an ever-changing economy giving businesses the opportunity to review strategies to pay less tax when importing from overseas.
What did the session cover?
A brief look at the types of special procedures and how do they align with business needs and UK trade agreements.
Where to obtain, applications and guarantees.
Reasons to promote in this current economic climate.
Reverse supply chains, the future of our bonded warehouses. Where will these benefit manufacturer businesses following net zero targets.
Importing for repair
Overview of excise warehouses.
