KEY INFORMATION
BREXIT, CUSTOMS GUIDE & COMMERCIAL INVOICE
Brexit
Regulatory Authorities across the globe are moving towards a fully data-driven environment to enable efficient and risk-based clearance processes. Complete & accurate Commercial/Pro Forma Invoice line item data is the key enabler for fast & compliant Clearance processes, avoiding delays, fines & penalties.
We encourage all our Customers to embrace the opportunity of connecting systems and providing accurate data electronically to CSM. To assist with international clearance it is imperative that a customs invoice is provided with every shipment sent. Complete and accurate Commercial or Pro Forma Invoice data is one key element to ensure efficient customs clearance.
Please find below an overview of the key elements from a Customs perspective, with an example of a customs invoice for reference.
1. EORI NUMBER:
an EORI number. An EORI (Economic Operator Registration Identification number) is issued by HMRC. Customers who are not VAT registered must insert “GB UNREG” or if it’s a private non commercial export you must insert “GB PR”. You can check to see if your VAT numbers have EORI status on the HMRC website
2. TERMS OF TRADE (INCOTERMS):
Use the Incoterm that best describes the terms of sale. Refer to DHL Guide. For TDI: EXW, FCA, CPT, CIP, DAP, DAT, DDP.
3. REASON FOR EXPORT:
This could be for Sale, Repair, After Repair, Gift, Sample, Personal use not for Resale, Replacement, Intercompany transfer or Personal Effects.
4. TAX ID/VAT NO.:
When shipping to a business within the EU, please ensure the receiver’s EORI number is entered in this section.
5. DESCRIPTION:
Generic or broad descriptions are no longer permitted and are likely to cause delays. Descriptions should include the items, how many there are, what they are made of and what they will be used for (e.g samples, parts, spares, are not acceptable for customs classification, safety and security reasons).
6. HARMONISED TARIFF CODE:
This refers to the Harmonised Tariff Code or HS Code that matches the goods to be exported. It is the product identification code used by Customs around the world to classify goods. It assists clearance and avoids delays.
7. C/O COUNTRY OF ORIGIN:
Country of Origin relates to the place of manufacture and not the country of export. If items are manufactured in more than one country, list the origins.
8. PREFERENTIAL STATEMENT OF ORIGIN:
If your goods originate in the EU or UK, you may be able to claim a preferential rate of duty when imported into the respective countries and released to free circulation. In order to be entitled to claim, please ensure that the following statement is added. The exporter of the products covered by this document (Exporter’s EORI No.*) declares that, except where otherwise clearly indicated, these products are of (insert country) preferential origin.
9. INVOICE TOTAL VALUE:
This is the total for customs: Value of goods + Transport + Insurance = CIF. Value of goods only = FOB
10. CURRENCY:
This relates to the transaction currency between the Shipper and Importer.
For further information please contact our team.
