Chief: The Final Frontier
On 30th September 2023 HMRC are set to fully close the CHIEF (Customs Handling of Import and export Freight), representing a significant change to how traders and border’s function and operate. This means that if you are an importer or exporter you need to make sure your business is prepared for the changes and that
Getting Ready For CDS: The New Customs Declaration Service.
HMRC are phasing out and replacing the system that is used for the handling of Import and export declarations. The old system CHIEF (Customs Handling of Import and Export Freight) has been in operation since 1994 and required significant improvements to cope with the increased entry requirements post-Brexit and beyond. HMRC have developed a new
Global Freight Shipping Laws
Whilst there are broad legal shipping principles and regulations that cover international trade, there are also differences from country to country who have implemented their own procedures for the import and export of cargo. Whether it is regarding security, supporting documentation or specific rules of compliance you have to ensure that you fulfil all the
Clearance Procedure of Imported Goods
To import goods from outside of the EU you need to ensure that they are cleared at the port of entry. This involves the submission of a customs declaration, payment of any outstanding duties and taxes and presentation of any required documentation to the relevant government or port departments. The clearance procedure ends in a
A Beginner’s Guide to Importing
There is a wealth of business opportunities for UK companies and individuals to source their products from overseas, whether from Europe or from countries outside of the European Union. Whilst the procedure for importing from Europe as it stands is much more straightforward there are a number of import formalities that need to be considered
Difference between FCL and LCL When Shipping Cargo
There are various modes of transport that can be utilized to ship cargo across international borders. It is important for the importer or exporter to select the most suitable method and routing depending upon the size of the shipment, cost and how urgent delivery of cargo is required. There is also so much terminology encompassing
Customs Clearance Documents Required for Importing and Exporting
Whether you are importing or exporting it is imperative to have the right paperwork in place whilst transporting cargo. Time is money and the last thing you want to happen is problems with your shipments! Missing or inaccurate documents can lead to delays and extra costs, or even prevent a shipment from arriving at all.
Breakdown of Clearing and Forwarding Charges
Your importing and exporting business may use one or multiple means of transporting your goods from one country to another. When considering the various options it’s always best to determine what option is most suitable for your cargo depending on the nature of the commodity, the routing, cost and also timescales for delivery. Ocean Freight
Customs Clearing and Shipping Post Brexit
Brexit means that for the first time in 4 decades, the UK will have to renegotiate its trade and economic relationship with its leading trading partner. Approximately half of all imports and exports are done with Europe currently is this will be a change that has a massive import on UK Businesses involved in international
Sea vs Road vs Air freight – Which one is right for you?
The debate is on, which method of transportation is best suited for the expansion of your business when importing/exporting your goods. There are many factors to evaluate when determining how you are going to move your goods from one location to the next. Some of this may depend on where the countries you are exporting