Centralized 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.
Centralized Clearance allows the economic operators to centralize and integrate accounting, logistics and distribution functions with financial savings in administrative and transaction costs, thus providing a genuine simplification. Centralizing 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 centralize 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. Centralized Clearance can eliminate this costly administration burden, centralize 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 county 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 on Centralized Clearance contact Brian Murphy, Head of Trade Services at the Irish Exporters Association.