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EMCS - Excise Movement Control System
Excise Movement and Control System (EMCS) is a computer system which captures and processes information in respect of all movements of excise goods in duty suspension within the European Union (EU). On 1 January 2011 EMCS replaced the paper Administrative Accompanying Document (AAD) and paper W8 for intra-UK duty suspended movements (except for energy products and movements eligible for simplified procedures under Part 9 of The Excise Goods (Holding, Movement and Duty Point) Regulations 2010). |
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NES - National Export System
The National Export System (NES) is a computer-based system which enables export declarations to be made electronically, replacing manual processing. |
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INTRASTAT - European Statistical Reporting
VAT-registered businesses that trade in goods with other European Union (EU) member states are required to provide details of these transactions which are used for statistical purposes. Intrastat is the system used to collect these statistics. |
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IPR - Inward Processing Releif
Inward Processing (IP) allows businesses to obtain relief from customs duties and import VAT on goods that are imported from outside the European Union (EU) to be processed and exported outside the EU. By reducing the cost of imported inputs, IP places EU businesses on an equal footing with businesses outside the EU. Sole traders, partnerships and incorporated bodies established in any EU country can use IP subject to authorisation by HM Revenue & Customs. It can be used even if you're acting as a representative for another body established outside the EU. Without representation, non-EU bodies can only use IP for non-commercial imports. |
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ICS - Import Control System
Administered by HMRC, Customs Freight Simplified Procedures (CFSP) is an electronic customs system for imported third country goods. It allows faster release of goods from countries that are not members of the European Community at the frontier or inland, the use of simpler customs declarations and cash flow benefits to importers |
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CFSP - Customs Freight Simplified Procedures
Inward Processing (IP) allows businesses to obtain relief from customs duties and import VAT on goods that are imported from outside the European Union (EU) to be processed and exported outside the EU. By reducing the cost of imported inputs, IP places EU businesses on an equal footing with businesses outside the EU. Sole traders, partnerships and incorporated bodies established in any EU country can use IP subject to authorisation by HM Revenue & Customs. It can be used even if you're acting as a representative for another body established outside the EU. Without representation, non-EU bodies can only use IP for non-commercial imports. |