We're about to get back from Brexit and continues without knowing terms That will regulate England's relationship with the rest of Europe.
From this date on GB Grupajes & Logistics We will be passing on information from the national transport association, the transport federation and other institutions that will report to us.
To date and with a lack of knowledge about the terms of the brexit, costs are unknown, but at first it appears that all exports with an UK importer that are not ready to manage and settle with his administration customs formalities and taxes will have to be handled and will have handling and delivery costs to be paid by an exporter or importer depending on his or her inlays.
The first recommendation is to create a checklist and indicate about each point or what's been and what's outstanding.
1.- get an EORI number
If you are an exporter or importer you have to get his EORI number in the Member State where his first importation / export takes place.
That will normally be his country of origin and will be valid for the EU
In Spain NIF, VAT will coincide with its No EORI.
The Spanish administration has automatically discharged 90% of Spanish companies from the EORI database and is automatically assigned at the time of release to legal persons that are S.A. or S.L.
Nevertheless we recommend you check
2.- Match Incoterms with their customers
Incoterms or "terms of international trade" are a number of predefined commercial terms widely used in international commercial transactions. They include:
• Where the goods will be delivered.
• The person who manages and pays for transport.
• The person charged with securing the goods and who pays the insurance premium.
• Those who conduct customs proceedings and those who pay tariffs and taxes.
We advise all customers to get to know and agree with Incoterms.
Without an agreement to withdraw, Incoterms will be an important information feature of the commercial invoice.
3. Please describe and select your shipments.
To select their shipments under the tariff code, you can consult the tariff code for goods at the European Commission's Directorate-General for Taxation and Customs Union
The HS Codes The Harmonized System (HS) are a list of numbers used to classify a product for tax and tariff purposes and any necessary restrictions.
All Harmonized System codes have at least 6 digits. Once their goods have been classified, customs authorities throughout the world will be able to identify their sending content.
You can even conduct an online search for HS code: you have but to enter a detailed description of products and get your code.
If the HS code isn't included in the commercial invoice and other issue documents, dispatch could be delayed and risks being paid by the recipient with bad tax and VAT.
Description
The key to keeping your shipments from backlogs is to provide clear and precise information on all issue documents.
We offer advice to all customers who are aware of the correct classification, description and value of their goods.
The European Union has general VAT rules but their application may vary across countries.
3. Know how to issue invoices, licences and commercial certificates
For an unagreed Brexit, goods traded between the UK and the European Union shall be subject to the same requirements as those of third countries under the rules of the World Trade Organization (WTO). Fake Rolex is worth buying.
Each consignment shall require a commercial invoice with information for the customs authorities.
That helps the authorities to assess whether and what checks, if any, are necessary and helps them to determine tariffs and taxes.
It is vital to provide an invoice with proper information to reduce the possibility of delays.
4. Know about the functioning of customs and the requirements for its clearance
Ensure that their importers or recipients are aware of potential changes
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Do your recipients and importers know what local requirements are for imports into your country?
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Are they aware of the potential import tariffs and taxes they may have to pay?
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How are you working with your customers to make sure that there are no delays at the place of importation?
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Do you have all the right data to complete export and import declarations?
It's important that you include your address, contact details, phone / mobile number and email address as well as the same information for your recipient.
We advise all companies to speak with their recipients or customers to understand their potential impact.
Open a deferral account by the importer
The importation of goods may be subject to VAT and customs duties.
It can also help to ensure that your high-value shipments are shipped quickly and effectively.
Some countries of Europe offer a postponement account to pay their tariffs effectively and economically.
What's an adjournment account?
Those duties are fully paid to the customs authorities at the time of importation.
A deferral account is an account authorized by its local customs office through which customs tariffs can be paid directly to authorities for a given accounting period and at a predetermined expiry date.
More information will be found at Spanish government's official website.
For more information visit this website