At Efficient Freight, we have a great deal of experience at managing and controlling inward and outward processing on behalf of our clients, to ensure that any duty liabilities are minimised. Handling these procedures correctly can also help to improve cash flow.
Inward Processing allows businesses to obtain relief from customs duties and import VAT on goods imported from outside the EU which are going to be processed and exported outside the EU.
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.