Inward Processing allows businesses to obtain relief from customs duties and import VAT on goods imported from outside the EU, which are then going to be processed and exported outside the EU. Handling these procedures correctly can also help to improve cash flow. There may be alternative solutions we can discuss; inward processing relief is not the only solution. Other options may be simpler and less complicated.
Outward Processing provides duty relief on imports of goods from third countries that have been produced from previously exported EU goods.
We can act in a project management capacity on your behalf, keeping an accurate record on the flow of your freight goods. We’ll set up the relevant authorisations with customs in the UK to ensure that no overpayments are being made on any import or export activities.
It is also essential that all the necessary data is in order and submitted to customs in a timely fashion – and this, too, is all part of the comprehensive processing service we provide.
Speak to usI have been using Efficient Freight for many years, for VacCoat and my other companies, I use them for everything, just tell them what it is where to collect it from and where it has to go. Then sit back and it all happens, imports paperwork, etc. all sorted, VAT, import tax all just sorted. Same for exports.
Definitely worth giving them a trial, let them take over for a month, you will be amazed at the amount of time it saves.
