The UCC will give more importance on using duty suspended storage facilities and linking them to other duty relief procedures. This workshop, as well as explaining how to set up a customs bonded warehouse facility in the UK will shows you how to improve your cash flow, support customs regimes and save money by using Customs Duty Relief Procedures.
More companies than ever before are now considering a customs warehouse as a vital piece in their supply chain. Severe financial practicalities are forcing companies to save money with duty relief regimes. This course provides a practical guide into the benefits, improvements, admin and operational requirements that need to be considered before operating these schemes. This exciting interactive course is specially designed for companies looking to operate a Customs Warehouse facility or need to reapply under the Union Customs Code (UCC) conditions. This course provides a guide into the benefits, improvements, administration and operational requirements that need to be considered before operating these schemes and reviews the new Duty Guarantee requires (CCG1) and the link to AEO authorisation/ criteria. – it will also address the UCC issues relating to the need for duty and transit guarantees (form CCG1) and how to seek duty guarantee waivers.