Centralised Customs Clearance is a valuable trade facilitation measure under a customs procedure of the Union Customs Code (UCC) within the EU.
It allows an approved trader to lodge at the customs office where they are established, a customs declaration for goods which are presented at another customs office within the customs territory of the Union.
Centralised Clearance allows the economic operators to centralise and integrate accounting, logistics and distribution functions with financial savings in administrative and transaction costs, thus providing a genuine simplification. Centralising payment of customs duties and related declaration costs provides real savings and efficiencies.
Multinational organisations with manufacturing or distribution centres in different EU countries can centralise their EU customs clearance administration in one location within the EU. These organisations may have to implement or purchase costly IT solutions in each member state they are importing/exporting to/from or outsource this facility to many different external stakeholders. Centralised Clearance can eliminate this costly administration burden, centralise these operations in one location, and reduce risk within your global supply chain.
As your global supply chain expands and non-EU imports increase into multiple cross country locations throughout the EU, you now should consider this very useful trade facilitation measure. Global sourcing within your industry can be complex. Making the inbound process of this function more efficient by ensuring security of supply and reducing risk should be considered.
For more information contact Brian Murphy, Head of Trade Services, Irish Exporters Association at [email protected]
Marta Marin | June 28, 2018 | 0 comments